Explainer: The case for and against EU sanctions on Russian oil

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Reuters UK

By Kate Abnett BRUSSELS (Reuters) – European Union countries on Thursday approved a ban on Russian coal imports from August as part of new measures against Moscow, but are split over whether oil or gas sanctions should follow. The coal embargo is the EU’s first energy sanction against Moscow following its invasion of Ukraine. Officials say the bloc will now discuss sanctions on oil, which represent far bigger imports from Russia than coal. However, not all countries are on board, with some like Germany and Hungary fearing the economic impact even though civilian killings in Ukraine have increa…

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