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ARCHIVED - Spain supports EU decision for embargo on Russian oil
Spain’s President has applauded Europe for its “unity and firmness”
The EU has agreed to implement a sixth package of sanctions against Russia which includes a partial ban on oil imports. Announced late on Monday May 30, the embargo will immediately affect 75% of Russian crude oil imports and be extended to around 90% by the end of the year.
However, in order not to adversely affect certain European countries like Hungary, it has been agreed that the ban will only be placed on oil coming from Russia by sea, with a “temporary exception” applied to fuel arriving through the existing pipeline.
The President of the European Council, Charles Michel, explained on Twitter that the latest round of sanctions will remove the main Russian bank, Sberbank, from the Swift system, and include the veto of three more Russian media outlets and sanctions on those responsible for war crimes in Ukraine.
Tonight #EUCO agreed a sixth package of sanctions.
— Charles Michel (@eucopresident) May 30, 2022
It will allow a ban on oil imports from #Russia.
The sanctions will immediately impact 75% of Russian oil imports. And by the end of the year, 90% of the Russian oil imported in Europe will be banned. pic.twitter.com/uVoVI519v8
Through these measures, Mr Michel said, “an enormous source of financing for its war machine” will be blocked.
"Maximum pressure on Russia to end the war," he added.
For his part, the President of the Spanish Government, Pedro Sanchez, has offered his support for the agreement reached between the European leaders, which he believes signifies “unity and firmness.”
Arrancamos la segunda jornada del #EUCO en el que los 27 hemos acordado un sexto paquete de sanciones contra Rusia. Europa dejará de importar el 90% del petróleo ruso y ampliará la exclusión del sistema de pagos SWIFT a otros bancos.
— Pedro Sánchez (@sanchezcastejon) May 31, 2022
Unidad y firmeza. Ucrania tiene nuestro apoyo.
The news of the new round of sanctions has been met with mixed feelings in Ukraine. On the one hand, President Zelenski has expressed his gratitude to Europe for "supporting the interests of Ukraine;” however, he has criticised the delay in applying them.
“The pause to agree on new sanctions in Europe has been too long,” he stressed, adding that “Russia must feel a much higher price for its aggression.”
Image: Charles Michel on Twitter
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