Industry minister: EU Russia oil ban lacks distribution method in case of shortage

The Czech minister of industry and trade, Jozef Síkela, says a new package of EU sanctions against Russia lacks a distribution method in the case that Russian oil imports are prohibited. The European Commission is proposing a ban on Russian oil imports by the end of this year.

Speaking before a cabinet meeting on Wednesday, Mr. Síkela said the proposal did not include everything for which he had been pushing. He said the impact of a ban on Russian oil would need to be fairly spread across Europe, adding that the EU’s plans did not include a method of allocation for the case that the European market was hit by an oil shortage.

Author: Ian Willoughby