Ireland says working on Russia oil embargo as possibly part of next EU sanctions package

  • Expect Germany to be a stumbling block

This isn't so much so a surprise after the move to ban Russian coal. As mentioned here last week, coal may not be a major dent to Russia but it is a symbolic step by the EU towards acting on Russian energy. The biggest impediment remains Germany, who is also Europe's biggest economy, as they rely extremely heavily on oil and gas from Russia to run its economy.

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