Despite five rounds of sanctions, the EU is still sending Putin $285m a day to feed its dependance on imported oil, writes T&E in an open letter.
Despite five rounds of sanctions, the EU is still sending Putin $285 million a day to feed its dependance on imported oil, writes T&E in an open letter.EU foreign ministers meet in Brussels on Monday while the world looks on in horror at the endless suffering in Ukraine. The continuing escalation of the violence unleashed by Putin on Ukraine’s population has been brought into sharp relief by the atrocities uncovered in Bucha and the Kyiv region.
Yet despite five successive rounds of sanctions against Russia over its military aggression in Ukraine, the EU is still sending Putin $285 million a day to feed its dependance on imported oil, T&E tells the ministers in an open letter published today. The rockets, tanks and guns destroying Ukrainian cities and killing its citizens were bought with money Putin earned selling petrol and diesel to European drivers.
European oil money — historically accounting for 4 out of 5 dollars made on Russian oil and gas exports — has underpinned Putin’s military spending for over two decades. Imposing immediate sanctions on Russian oil imports would deal the swiftest and sharpest blow to Putin’s war machine. After 44 days of war, for the sake of Ukraine and its people, EU oil sanctions cannot be delayed any further.on EU governments to end Russian oil and gas imports to stop financing the war against Ukraine — it is now time that EU leaders did their part.
On Monday, at the Foreign Affairs Council, we urge you to lead a call for immediate EU sanctions on Russian oil and for the European Commission to propose concrete measures to swiftly reduce oil demand as part of the upcoming REpowerEU strategy. Language to that end should be included in the Council conclusions.is an urgent moral imperative in which the EU needs to take global leadership.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European lawmaker berates EU strategy against Putin in viral videoBelgian MEP Guy Verhofstadt's speech has already been viewed over 2.5 million times.
Read more »
Ukraine: Germany, EU complicit in Russia war crimes—Zelensky aideOleg Ustenko told Newsweek that the EU's repeated failure to embargo Russian energy is 'completely unacceptable' for Kyiv.
Read more »
European Parliament Votes for EU to Cut Off Russian Oil, Coal, Nuclear Fuel and GasThe European parliament voted overwhelmingly to start an immediate embargo on Russian energy, but many member states can’t live without it.
Read more »
Live Updates | EU ambassador to Ukraine returns to KyivThe European Union has returned its ambassador to Ukraine to the capital, Kyiv, in a move that underscores the improved security situation there and the 27-country bloc’s commitment to the beleaguered country
Read more »
Live updates: EU nations OK new sanctions against RussiaEuropean Union nations have approved new sanctions against Russia, including an EU embargo on coal imports in the wake of evidence of torture and killings emerging from war zones outside Kyiv. Click here for more Ukraine-Russia updates ⤵️
Read more »
'Unacceptable Behavior': Crypto Lobby Condemns Community for Trolling EU LawmakersSeveral crypto lobbying groups have strongly condemned the behavior of some cryptocurrency holders after MEPs faced a slew of verbal attacks
Read more »