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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
TASS: Replacement of Russian oil in EU nearly impossible — Bloomberg – Russia accounts for about a quarter of oil imported by the EU but individual member-states have higher dependence on Russian oil supplies – TASS, April 11. Replacement of Russian oil export to the European Union is almost impossible and the world could see a loss of as much as 7 million barrels daily of Russian oil exports due to current and future sanctions or other voluntary actions, OPEC Secretary-General Mohammad Barkindo told the EU, Bloomberg news agency reports. “It would be nearly impossible to replace a loss in… Read more »
TASS: Hungary keeps opposing ban on Russian oil and gas at EU meetings — Foreign Minister – It will continue to defend its position at meetings of the European Union – VIENNA, April 11. /TASS/. The Hungarian government opposes a ban on Russian energy supplies and will continue to defend its position at meetings of the European Union, the country’s Foreign Ministry, Peter Szijjarto said on Monday. He was taking part in a meeting of EU foreign ministers in Luxembourg. “Everyone can be sure that we will not back down and will guarantee the security of our country’s energy supply… Read more »