Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Lebanese Ministry of Health: Final toll from airstrike on car in Zebdine, Nabatieh District: Two martyrs, four injured
Egyptian media: Indirect talks between Hamas and Israelis begin in Sharm el-Sheikh.
AFP: France's new PM Sebastein Lecornu resigns just hours after unveiling cabinet.
Trump: Technical teams will meet again on Monday in Egypt to discuss and clarify the final details, and the first phase is scheduled to be completed this week
US President Donald Trump: Talks with Hamas have been very successful and are moving at a rapid pace
Local sources in Aleppo: Violent clashes erupt between the SDF and factions affiliated with the transitional authority on the Deir Hafer and Tishrin Dam fronts in the eastern Aleppo countryside
Israeli media: Interceptor missiles fired in an attempt to shoot down the drone
IOF Spokesperson: Sirens sounded amid suspected "enemy aircraft" infiltrating the Eilat area
Israeli media: "Israel" won the battle but lost the war strategically and politically
Israeli media: Ben Gurion Airport's airspace closed to air traffic following missile launch from Yemen

EU to break deadlock on Russian oil embargo

  • By Al Mayadeen English
  • Source: Agencies
  • 29 May 2022 19:48
3 Min Read

EU's 27 member states are set to meet to discuss a solution that allows them to break the deadlock on the sixth round of economic penalties against Russia.

  • x
  • EU to break deadlock on Russian oil embargo.
    EU to break the deadlock on Russian oil embargo

Ambassadors from the EU's 27 member states will meet on Sunday to discuss a solution that could allow them to break the deadlock on the sixth round of economic penalties against Russia, including a historic stop to Russian oil imports, according to EU sources.

The newest set of proposed sanctions has been delayed by landlocked Hungary, which lacks access to maritime oil cargo ships and relies on Russian crude delivered via the Druzhba pipeline for 65% of its oil needs.

Budapest has rejected a proposal to give it two years longer than the rest of the EU to wean itself off Russian oil as insufficient.

It seeks at least four years and 800 million euros ($860 million) in EU money to convert its refineries to process non-Russian petroleum and increase pipeline capacity to neighboring Croatia.

Read next: EU chief: EU failed to agree on 6th package of sanctions

According to the sources, the compromise approach presented to national negotiators on Sunday consisted of eliminating the Druzhba pipeline from any future oil embargo and only applying sanctions on oil carried to the EU by tanker vessel.

Related News

Putin, Netanyahu discuss Gaza war, Iran nuclear file

Russia, Venezuela decry US strike on vessel in the Caribbean

The Druzhba pipeline contributes to one-third of all Russian oil shipments to the EU. The remaining two-thirds are made up of maritime cargo.

France, which now holds the rotating EU presidency, and the European Council, which represents the governments of the EU members, proposed the compromise.

Prevent sixth round of sanctions

Its goal is to break the stalemate that has prevented the EU from implementing the sixth round of sanctions on Moscow over the war in Ukraine since early May.

It plans to stop buying Russian crude oil in six months and Russian petroleum products by the end of the year. It would also impose more penalties on Russian banks and increase the bloc's blacklist of Russian persons.

Postpone sanctions package 

Another possibility under consideration is to postpone the entire package of additional sanctions until a solution to provide Hungary with alternative oil supplies can be discovered, according to the sources.

The quest for a solution has escalated in recent days to avoid differences over Russia clouding the meeting of EU leaders of state and government scheduled for Monday and Tuesday in Brussels.

When the meeting opens on Monday afternoon, Ukrainian President Volodymyr Zelensky will address it via video link, just as he did on different platforms.

If EU ambassadors reach an agreement on an oil embargo on Sunday, it will still need to be ratified by their governments before being presented to the summit.

  • Russia
  • Oil embargo
  • European Union
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Iraq at a crossroads: A new war front?

Iraq at a crossroads: A new war front?

  • West Asia
  • 30 Sep 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025
ap

'Israel' pays influencers $7K per post to whitewash Gaza genocide

  • Politics
  • 1 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Hezbollah's representative in Iran, Sayyed Abdullah Safieddine, during an interview with Al Mayadeen which aired on October 6, 2025 (Al Mayadeen)
Politics

Tehran never interferes in Hezbollah decisions: Representative in Iran

Smoke billows over the Gaza Strip following an Israeli bombardment, as seen from southern Palestine, Sunday, Oct. 5, 2025. (AP)
Politics

Indirect talks for a ceasefire in Gaza begin in Sharm El-Sheikh: Egypt

Fighters from the Syrian Democratic Forces (SDF) prepare to attend a military parad in Qamishli, northeastern Syria, Tuesday, August 12, 2025 (AP)
Politics

Security forces seal Aleppo’s Sheikh Maqsoud, Ashrafieh districts

Amsterdam Captain Mohammed Ali Mohiuddin, who took part in the Global Sumud mission to Gaza, talks to Al Mayadeen on October 6, 2025 (Screengrab)
Politics

GSF captain says despite abuse, 'Israel weaker than spider's web'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS