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Category: EU

Category:
  • EU
  • Hungary

‘Best we could get’: EU bows to Hungarian demands to agree Russian oil ban

European Union leaders handed Hungary concessions to agree an oil embargo on Russia over its invasion of Ukraine, sealing a deal in the wee hours on Tuesday that aims to Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple
Category:
  • Australia
  • EU

Europe’s dash for gas puts Australia’s LNG import plans at risk

 Europe’s race to replace Russian gas supply has threatened Australia’s plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple
Category:
  • EU
  • Russia

EU ban on Russian crude to exacerbate disruptions to global flows

The European Union’s decision to cut 90% of its oil imports from Russia will accelerate a move already underway – that is Moscow trying to sell as much crude as Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple
Category:
  • EU

EU summit will not decide on gas price cap – EU Commissioner

European leaders, who will convene in Brussels on Monday and Tuesday for an EU summit, will not decide on imposing a cap on gas prices but could mandate the Commission Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple
Category:
  • EU

Eurozone inflation hits record 8.1 per cent

Eurozone inflation rose faster than expected in the year to May, setting a new record for the single currency bloc of 8.1 percent and piling pressure on the European Central Continue Reading

Posted On : 31 May 2022 Published By : Tom Whipple
Category:
  • EU
  • Russia

EU’s Borrell hopeful of deal on Russian oil ban

European Union members should be able to reach an agreement on a new sanctions package against Russia, including imposing restrictions on Russian oil imports, during talks being held by officials, Continue Reading

Posted On : 30 May 2022 Published By : Tom Whipple
Category:
  • EU
  • Russia

EU summit to agree sanctions should include Russian oil embargo with pipeline exemption – draft

 European Union leaders are due to agree at a summit later in the day that the sanctions package under preparation should include an embargo on Russian oil imports as punishemnt Continue Reading

Posted On : 30 May 2022 Published By : Tom Whipple
Category:
  • EU

Europe’s unity ‘crumbling’ on Russia sanctions, Germany warns

Europe’s unity on sanctions against Russia is “starting to crumble”, Germany’s economy minister has warned as diplomats highlight continued divisions over a package of sanctions set to be discussed by Continue Reading

Posted On : 30 May 2022 Published By : Tom Whipple
Category:
  • EU
  • Russia

Europe’s Push to Punish Putin Is Falling Short of the Rhetoric

As the European Union’s impasse over its supposedly imminent Russian oil embargo stretched into days and then weeks, one ambassador quoted Samuel Beckett’s play “Waiting for Godot” to his colleagues: Continue Reading

Posted On : 29 May 2022 Published By : Tom Whipple
Category:
  • EU

EU may clinch summit deal to embargo Russian oil shipments

 EU countries scrambled on Friday to reach a deal that would embargo seaborne deliveries of Russian oil but still allow deliveries by pipeline, a compromise to win over Hungary and Continue Reading

Posted On : 28 May 2022 Published By : Tom Whipple

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