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
Syrian Observatory: The plane is loaded with air defense systems and heavy weapons as part of US troop reinforcements to its bases in northeastern Syria
Syrian Observatory: US cargo plane lands with two military helicopters at Kharab al-Jir base in the countryside of Rmeilan, north of Hasakah
Miguel Díaz-Canel to Gustavo Petro: US seeks to reimpose the Monroe Doctrine in its relations with sovereign states in Latin America and the Caribbean.
The Abu Ali Mustapha Brigades, the military wing of the PFLP, says they handed over the body of an Israeli captive to the Israeli occupation forces in implementation of the clauses of the ceasefire agreement.
Al Mayadeen correspondent: Israeli drones are flying over the presidential palace in Baabda, Mount Lebanon, and over the skies of the capital, Beirut, and its suburbs.
Al Mayadeen's correspondent in South Lebanon: Israeli warplanes launch a series of raids on the al-Mahmoudiya and Jarmaq areas
Trump reiterates proposal for Russia and Ukraine to stop at current front line, negotiate later
Reuters: Trump says no discussion regarding Ukraine ceding Donbas to Russia
US Vice President JD Vance: There is currently no security infrastructure in place to ensure the disarmament of Hamas
Israeli occupation forces said that "ceasefire in Gaza begins to be re-implemented."

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

EU shift from Russian gas with US LNG risky: Gazprom CEO

UK to grant military new powers to shoot down unidentified drones

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

Iran strikes secret Israeli-US bunker under Tel Aviv high-rise

Tel Aviv high-rise struck by Iran hid Site 81, secret US-Israeli base

  • Politics
  • 14 Oct 2025
Yemeni Armed Forces Chief of Staff Major General Mohammad Abd al-Karim al-Ghamari , during a ceremony in an undisclosed locations in Yemen, undate (Yemeni Military Media)

Yemeni Armed Forces mourn martyred Chief of Staff al-Ghamari

  • Politics
  • 16 Oct 2025
Israeli occupation violates Gaza ceasefire, killing seven Palestinians.

Israeli occupation violates Gaza ceasefire, kills seven Palestinians

  • Politics
  • 14 Oct 2025
Zionists Fundamentally Misread Iran Due To Their Own Echo Chambers

Zionists fundamentally misread Iran due to their own echo chambers

  • Analysis
  • 15 Oct 2025

Coverage

All
War on Gaza

Read Next

All
UK blocks release of documents on secretive Lammy-Sa’ar meeting.
Politics

UK blocks release of documents on secret Lammy-Sa’ar meeting

Colombia slams Trump’s drug accusation, defends sovereignty
Politics

Colombia slams Trump’s incendiary drug claims, defends sovereignty

The abuse was detailed in Giuffre's memoir "Nobody's Girl: A Memoir of Surviving Abuse and Fighting for Justice." (AP)
Politics

Epstein victim recounts choking, sexual assault by 'well-known PM'

The US Secret Service discovered a hunting stand near the airport President Donald Trump uses in Florida. (US Secret Service)
Politics

FBI probes hunting stand with sightline to Trump’s Air Force One exit

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