EU eyes embargo on Russian oil

The European Union may come to an agreement on imposing an embargo on Russian oil by the end of May, Dutch Prime Minister Mark Rutte said.

He noted that the EU should put an end to the financing of Russia against the background of the continuation of the Russian special operation in Ukraine, according to Reuters.

"We need to put an end to this (financing of Moscow at the expense of energy resources) as soon as possible We are both doing everything possible to bring the sixth package of sanctions to an end. I am still thinking it should be done at the level of all 27 EU states," Rutte said at a meeting with his Irish counterpart Micheal Martin.

As the Prime Minister of the Netherlands noted, a single solution is needed to introduce appropriate restrictions through the European Union. From Rutte's point of view, European states are able to reach consensus on this issue — although negotiations have not yet yielded the necessary result on this issue.