Russian Oil Embargo Could Be Part of Next EU Sanctions Package, Ministers Say

The EU's top diplomat Josep Borrell. Reuters
The EU's top diplomat Josep Borrell. Reuters
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Russian Oil Embargo Could Be Part of Next EU Sanctions Package, Ministers Say

The EU's top diplomat Josep Borrell. Reuters
The EU's top diplomat Josep Borrell. Reuters

The European Union's executive is drafting proposals for an EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday, although there was no agreement to ban Russian crude.

Many of the ministers meeting in Luxembourg showed support for sanctions on Russian oil imports, the EU's top diplomat Josep Borrell said, but for others, such a ban would constitute an "asymmetric shock", he said. The bloc agreed, however, to intensify the delivery of weapons to Ukraine, Germany said.

"They are now working on ensuring that oil is part of the next sanctions package," Irish Foreign Minister Simon Coveney said of the European Commission.

Targeting Russian oil, which makes up about a quarter of the EU's crude imports, is seen as the EU's next step as it seeks to pressure Russia to halt the shelling of Ukrainian cities following Moscow's Feb. 24 invasion of Ukraine.

Galvanized by what Ukraine says are senseless killings of civilians by Russian troops since the invasion, the bloc last week approved a fifth round of sanctions on Russia that included an end to Russian coal imports.

Russia has denied targeting civilians in what it calls a "special operation" to "denazify" its southern neighbor.

"Nothing is off the table, including sanctions on oil and gas," Borrell said. He has previously said an embargo must happen "sooner or later". The European Parliament last week voted for an embargo, although its decision is not binding.

'Coordinated plan'
European Commission President Ursula von der Leyen said on April 5 that she was considering additional sanctions, including on oil imports, based in part on proposals from EU governments. Those ideas include imposing tariffs on Russian oil, or a ban on some oil products. Borrell said EU states were also working independently to reduce their dependency.

Any oil embargo rests on both the technical details of the scope and phase-in time of such a move and the support of the EU's 27 member states. Energy dependence varies across the bloc, with countries such as Bulgaria almost totally dependent on Russian oil. Hungary has said it cannot support an oil embargo.

Germany's position, as the EU's biggest economy, will be crucial. While offering Ukraine more weapons, German Foreign Minister Annalena Baerbock called for a "coordinated plan to completely phase out fossil fuels" from Russia. EU diplomats said Berlin is not actively supporting an immediate embargo.

The United States and Britain have banned Russian oil, hoping to cut off a significant source of revenue for Moscow. The decision is harder for Europe's economy due to its dependency and could push up already high energy prices.



China’s Foreign Minister Warns Philippines over US Missile Deployment

 China's Foreign Minister Wang Yi attends the 14th EAST Asia Summit Foreign Ministers' Meeting in the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos July 27, 2024. (Reuters)
China's Foreign Minister Wang Yi attends the 14th EAST Asia Summit Foreign Ministers' Meeting in the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos July 27, 2024. (Reuters)
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China’s Foreign Minister Warns Philippines over US Missile Deployment

 China's Foreign Minister Wang Yi attends the 14th EAST Asia Summit Foreign Ministers' Meeting in the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos July 27, 2024. (Reuters)
China's Foreign Minister Wang Yi attends the 14th EAST Asia Summit Foreign Ministers' Meeting in the 57th ASEAN Foreign Ministers' Meeting at the National Convention Center, in Vientiane, Laos July 27, 2024. (Reuters)

Chinese Foreign Minister Wang Yi has warned the Philippines over the US intermediate-range missile deployment, saying such a move could fuel regional tensions and spark an arms race.

The United States deployed its Typhon missile system to the Philippines as part of joint military drills earlier this year. It was not fired during the exercises, a Philippine military official later said, without giving details on how long it would stay in the country.

China-Philippines relations are now at a crossroads and dialogue and consultation are the right way, Wang told the Philippine Foreign Secretary Enrique Manalo on Friday during a meeting in Vientiane, the capital of Laos where top diplomats of world powers have gathered ahead of two summits.

Wang said relations between the countries are facing challenges because the Philippines has "repeatedly violated the consensus of both sides and its own commitments", according to a Chinese foreign ministry statement.

"If the Philippines introduces the US intermediate-range missile system, it will create tension and confrontation in the region and trigger an arms race, which is completely not in line with the interests and wishes of the Filipino people," Wang said.

The Philippines' military and its foreign ministry did not immediately respond to requests for comment on Wang's remarks.

China and the Philippines are locked in a confrontation in the South China Sea and their encounters have grown more tense as Beijing presses its claims to disputed shoals in waters within Manila's its exclusive economic zone.

Wang said China has recently reached a temporary arrangement with the Philippines on the transportation and replenishment of humanitarian supplies to Ren'ai Jiao in order to maintain the stability of the maritime situation, referring to the Second Thomas Shoal.

Philippine vessels on Saturday successfully completed their latest mission to the shoal unimpeded, its foreign ministry said in a statement.