'Complete Ban on All Russian Oil': EU Proposes More Sanctions Amid Ukraine War

President of the European Commission Ursula von der Leyen announced the proposal.

Seventy days into the Russian invasion of Ukraine, the European Union has issued a proposal on Wednesday, 4 May, to ban all Russian oil imports.

This will be the sixth package of sanctions slapped on Vladimir Putin-led Russia.

President of the European Commission Ursula von der Leyen, while announcing the proposal in the European Parliament, said:

"This will be a complete import ban on all Russian oil, seaborne and pipeline, crude and refined. We will make sure that we phase out Russian oil in an orderly fashion, in a way that allows us and our partners to secure alternative supply routes and minimises the impact on global markets."

Finally, we now propose a ban on Russian oil.

Let´s be clear: it will not be easy.
But we simply have to work on it.

We will make sure that we phase out Russian oil in an orderly fashion.

To maximise pressure on Russia, while minimizing the impact on our economies pic.twitter.com/fH2wuKN5t2

— Ursula von der Leyen (@vonderleyen) May 4, 2022