Europe imposed a ban Sunday on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin's fossil fuel earnings as punishment for invading Ukraine.
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Europe bans Russian diesel, other oil products over UkraineThe ban comes along with a price cap agreed by the Group of Seven allied democracies.
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Europe bans Russian diesel, other oil products over UkraineFRANKFURT, Germany (AP) — Europe imposed a ban Sunday on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin's fossil fuel earnings as punishment for invading Ukraine .
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Europe is set to ban Russian oil products, the latest strike on the Kremlin war chestStarting Sunday, the EU will prohibit imports of Russian gasoline, diesel and other products from Russian refineries used throughout Europe.
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G-7, Europe reach deal for price cap on Russian dieselU.S. Treasury Secretary Janet Yellen says industrialized countries in the Group of Seven are imposing a price cap on refined Russian oil products such as diesel and kerosene, as part of a coalition that includes Australia and a tentative agreement from...
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Why Europe's new Russian fuel sanctions won't cripple MoscowHere's why Europe's new Russian fuel sanctions won't cripple Moscow
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Europe Hopes Its Latest Russian Energy Purge Is Another NoneventThe continent is weaning itself off Russian oil and gas in steps. The next phase could bring fresh snags for buyers and fat profits for refiners.
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