BBCNEWS World Business Report July 7, 2024
european union leaders have agreed a compromise plan to block more than two—thirds of russian oil imports. european council chief charles michel said the deal cut off "a huge source of financing" for the russian war machine. he added that it put "maximum pressure on russia to end the war". european commission president ursula von der leyen praised the deal. i'm very glad that the leaders were able to agree in principle on the sanctions package. this is very important, thanks to this council should now be able to finalise a ban on almost 90% of all russian oil imports by the end of ...