The EU’s Ban on Russian Oil May Have Hit a Snag Named Orban

The EU’s Ban on Russian Oil May Have Hit a Snag Named Orban
A protester holds a sign as she takes part in a demonstration to call on the European Union to stop buying Russian oil and gas, outside EU headquarters in Brussels, April 29, 2022 (AP photo by Virginia Mayo).

Energy analysts in Brussels have been burning the candle at both ends this week to determine the full extent of the disruption and economic fallout from the European Union’s impending ban on oil imports from Russia. But though Germany has dropped its opposition, Hungarian Prime Minister Viktor Orban is still intent on vetoing the oil embargo. Any delay may spell trouble for the EU’s plan to cut off Russian oil, as opposition to the embargo among EU leaders may be growing rather than shrinking. The embargo proposal unveiled yesterday by the European Commission was already designed to be a phased-in […]

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