Analytical Reviews

Bekommen Sie die neuesten wirtschaftlichen Nachrichten von ForexMart, einschließlich Updates aus Finanzmarkt, Zentralbankpolitiksankündigungen, finanzielle Indikatoren und andere relevante Nachrichten, die die Branche beeinflussen können.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

EU countries fail to reach agreement on embargo on Russian oil


May, 02 2022
watermark Economic news

The countries of the European Union may refuse to import Russian oil by the end of this year, but not all states in the region are ready for this step. European analysts predict that energy deals, banks and individuals will also suffer from new anti-Russian sanctions. 


At the moment, the European Union is preparing the sixth package of sanctions against Russia, which will be directed against Russian oil, Russian and Belarusian banks, as well as individuals and companies. As part of these sanctions, the European Commission intends to propose a phase-out of Russian imports, in particular in the oil, gas and nuclear sectors, by the end of 2022.


However, the southern members of the European Union are concerned about the impact of sanctions on fuel prices in their own countries and are not ready to completely abandon oil and gas from the Russian Federation. In this regard, the EC suggested that Hungary and Slovakia may be offered some exceptions or transitional measures, since these countries are heavily dependent on Russian oil, and the search for alternative sources of hydrocarbons is not as effective as we would like. 


Hungary today opposes any EU embargo on the import of Russian oil and gas, which makes the position of this country the main obstacle to the further imposition of sanctions. In addition to Hungary, Austria, Slovakia, Spain, Italy and Greece are also against sanctions.


hinterlassen

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.