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EU states fail to agree on Russian oil embargo

European Union member states have failed to agree on proposals to ban Russian oil imports, after more than 10 days of talks, with Hungary leading a group of countries resisting the measure, according to the EU foreign policy chief. Josep Borrell said: “we will do our best in order to …

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France reveals when EU may agree Russian oil ban

A European Union agreement on a Russian oil ban will come in “a matter of days,” French European Affairs Minister Clement Beaune claimed on Tuesday, as Hungary, the main obstacle to the embargo, said that “a lot more needs to be done” for it to drop its objections. The bloc’s members, in response …

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Ukrainian and German presidents agree to bury the hatchet – media

Ukrainian President Volodymyr Zelensky has held talks by phone with his German counterpart, Frank-Walter Steinmeier, Germany’s Der Spiegel media outlet claimed on Thursday. The two leaders reportedly agreed to move on and forget past grudges relating to Kiev’s decision last month to call off Steinmeier’s visit to Ukraine at short …

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Europe & US agree on more sanctions for Russia

The US and EU have reached “a broad consensus on the need to increase pressure on the Kremlin” through the deployment of more sanctions, the Italian government announced on Tuesday, adding that the allies had also agreed on the need to “increase the international isolation of Moscow” during a virtual …

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More countries agree to ruble payments for gas – Russian deputy PM

Several buyers of Russian natural gas have agreed to switch to payment in rubles, Russian Deputy Prime Minister Alexander Novak said on Friday. “We expect the decision [to switch to rubles] from other importers,” Novak added, in comments published in the ministry’s magazine, without disclosing the identities of the customers …

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EU fails to agree Russian energy ban

The European Union’s foreign ministers have not agreed on a ban on Russian oil and natural gas imports, Head Representative of the European Union for Foreign Affairs and Security Policy Josep Borrell said on Monday, adding that discussions on the issue will continue. The energy ban was expected to be …

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EU fails to agree new Russia sanctions – media

EU policy makers failed to agree Wednesday on a new package of sanctions against Moscow, including a ban on Russian coal imports, Reuters reports, citing its sources. The latest round of economic restrictions was proposed by the European Commission earlier this week. Persons familiar with the matter explained the fiasco …

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Baltic state may agree to pay for Russian gas in rubles

Latvia’s main gas operator says it won’t rule out paying for Russian natural gas in rubles, revealing that the new settlement method announced by Moscow is being evaluated from a legal and business perspective. “According to the first impression, the settlement procedure in Russian rubles does not formally violate the …

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South Korea’s outgoing and incoming leaders can’t agree to meet

South Korean President Moon Jae-in has grown frustrated over failed attempts to set up transition talks with his successor, President-elect Yoon Suk-yeol, reflecting deep political division in Seoul at a time when the country faces heightened tensions with North Korea. “I am an outgoing president and President-elect Yoon is an …

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Russia and Ukraine agree on civilian humanitarian corridors

During the second round of talks in Belarus on Thursday, Moscow and Kiev agreed on mechanisms to establish routes via which to evacuate civilians from combat zones in Ukraine. “The parties have reached an understanding on the joint establishment of humanitarian corridors with a temporary ceasefire. Russia and Ukraine will …

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