Europe

Minister of Industry: EU Russia’s oil ban lacks a distribution method in case of shortage

Czech Minister of Industry and Trade Jozef Síkela states that the new package of EU sanctions against Russia lacks a distribution method when Russia’s oil imports are banned. The European Commission is proposing a ban on Russia’s oil imports by the end of this year.

Prior to Wednesday’s cabinet meeting, Mr. Sikela said the proposal did not include everything he was promoting. He said the effects of Russia’s oil ban needed to be spread fairly throughout Europe, adding that the EU’s plans did not include a way of allocating if the European market was hit by an oil shortage.

https://english.radio.cz/industry-minister-eu-russia-oil-ban-lacks-distribution-method-case-shortage-8749499 Minister of Industry: EU Russia’s oil ban lacks a distribution method in case of shortage

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