EU’s Russian oil ban: What to expect for energy markets
David Keating - Energy Monitor
June 23, 2022
Who was cited:
Joshua Folds, Oil Analyst - FGE
As the European Commission’s proposal to ban imports of Russian oil languished during May, it became clear some kind of compromise would be necessary to overcome the objections of Hungary. Along with neighbours the Czech Republic and Slovakia, the government in Budapest insisted they were too dependent on Russian oil to consider an EU Russian oil ban.