Page 90 - European Union

Russia-Ukraine war: EU leaders back push to ban most Russia oil purchase

The sanctions would forbid the purchase of crude oil and petroleum products from Russia delivered to member states by sea but include a temporary exemption for pipeline crude

Oil prices rise after EU agrees to ban most Russian crude imports

Oil prices rose after EU agreed to slash oil imports from Russia by the end of 2022, fuelling worries of a tighter market already strained for supply amid rising demand

EU leaders agree on partial embargo on Russian oil amid Ukraine war

European Union leaders reached a compromise to impose a partial oil embargo on Russia at a summit focused on helping Ukraine

EU leaders meet as Hungary sticks to its guns on Russian oil ban

European Union (EU) leaders gathered in Brussels for a special meeting that is likely to be overshadowed by disagreement on phasing out imports of Russian oil, which Hungary is blocking

EU fails to agree on Russian oil ban as leaders gather for summit

The leaders of the 27 European Union countries will agree in principle to an oil embargo, a draft of their summit conclusions showed

EU wrestles with Russia oil embargo as leaders gather for Ukraine aid

EU leaders will gather in a new show of solidarity with Ukraine but divisions over whether to target Russian oil in a new series of sanctions are exposing the limits of how far the bloc can go

Oil prices climb above $120/barrel ahead of EU meeting on Russia sanctions

The Brent crude futures contract for July, which will expire on Tuesday, was up 59 cents, or 0.5%, at $120.02 a barrel at 1100 GMT.

How the Ukraine conflict is reshaping global oil markets: An analysis

Sanctions imposed on Moscow after the conflict in Ukraine kicked off in February, including a U.S. ban on its oil imports, have prompted Russia to pivot away from Europe

EU to pledge support for Ukraine, but not ready with new Russia sanctions

Over two days, leaders of the 27-nation bloc are to discuss how best to aid Ukraine four months into Russia's invasion and how to deal with the conflict's impacts

Oil climbs to two-month high ahead of EU meeting on Russia sanctions

Brent crude futures gained 46 cents, or 0.4%, to $119.89 a barrel at 0111 GMT, while U.S. West Texas Intermediate (WTI) crude futures jumped 60 cents, or 0.5%, to $115.67 a barrel

Ukraine, Russia battle in the east as Zelenskyy visits front in Kharkiv

Capturing Sievierodonetsk is a principal task for the occupation force, Zelensky said, adding that the Russians don't care about casualties

Russia-Ukraine war: Moscow takes small cities, aims to widen eastern battle

The Russian Defense Ministry said Lyman, the second small city to fall this week, had been completely liberated by a joint force of Russian soldiers and Kremlin-backed separatists

Oil prices settle up ahead of US driving season, EU embargo decision

"Demand is strong with products leading the way, especially gasoline which dragged crude oil up with it," said John Kilduff, a partner at Again Capital LLC.

Crude oil prices increase supported by the prospect of a tight market

EU nations are negotiating deal on Russian oil sanctions that would embargo shipment deliveries but delay sanctions on oil delivered by pipeline to win over Hungary and other landlocked member states

GAIL says it's open to buying Russian oil-gas assets if offered good deal

GAIL is considering buying gas from challenging local fields to address surging local demand for natural gas, including striking long-term liquefied natural gas import deals with global companies

EU may clinch summit deal to sanction Russian oil shipments, says official

Hungary's resistance to oil sanctions - and the reluctance of a handful of other countries - has held up implementation of a sixth package of sanctions by the 27-member EU against Russia

WEF 2022: As NATO looks to expand, many may still wonder how does bloc work

The benefit of NATO membership is therefore primarily preventative. A sort of insurance policy for sovereignty, with premiums paid through a commitment to cooperate

Russia-Ukraine conflict: Everything that you need to know right now

President Zelenskiy complained about divisions inside the European Union over more sanctions against Russia and asked why some nations were being allowed to block the plan

Britain's regulator launches second probe into Google's ad practices

The Competition and Ma­rkets Authority's (CMA) latest probe follows its investigation into Google and Faceb­ook owner-Meta's "Jedi Blue" agreement earlier this year

Will formally launch free trade negotiations with India very soon: EU

European Union Executive Vice-President and Trade Commissioner Valdis Dombrovskis has said the EU will formally launch negotiations for the proposed free trade agreement with India "very soon"