(ANSA) – STRASBOURG, MAY 04 – “Today we exclude from Swift Sberbank, by far the largest bank in Russia, and two other big banks. With this, we hit the banks that are crucial for the Russian financial system and the ability to Putin to create destruction. This will solidify the complete isolation of the Russian financial sector from the global system. “
The president of the European Commission Ursula von der Leyen said this to the Eurochamber.
“We are proposing a ban on Russian oil, a total ban on imports of all Russian oil, by sea and pipeline, crude and refined,” added von der Leyen. “We will ensure that we phase out Russian oil in an orderly manner so that we and our partners can ensure alternative supply routes and minimize the impact on global markets. This is why we will phase out the Russian crude oil within six months and refined products by the end of the year “, he specified.
(HANDLE).
Source: Ansa
I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.