Sixth Package of EU Sanctions Includes Restrictions on Russian Oil Delivered by Sea: French Mission
"This ban, combined with state-level decisions taken by Germany and Poland, will reduce Russian oil imports by 92 percent by the end of the year", the presidency's official Twitter account tweeted Thursday. "It will be complemented in the near future by a ban on the import of Russian oil by pipeline", the presidency promised.
The sanctions also ban the provision of services by European Union companies to the Russian oil sector, ban the provision of consultancy services to Russian companies, and ban "three Russian media outlets in spreading propaganda". The mission did not specify which "media outlets" it was referring to. Russian foreign-language media, including Sputnik and RT, are already effectively banned across the EU - which blocked their websites in March.
"The decisions that the EU makes are of course motivated by politics more than anything, and not at all by economics, because European consumers will be the ones to suffer first and foremost as a result of these decisions. We see an increase in prices, not only for oil, but also for oil products. I don't rule out a large shortage of oil products in the EU", Novak said, speaking to Russia 24, a federal TV news channel, on Thursday.