EU shelves Russian oil ban as Iran war rattles energy markets

By RT International

The EU has put plans on hold for a complete ban on Russian oil imports, news outlets have reported. The move comes amid renewed turbulence in energy markets driven by the war in the Middle East.

The draft law, part of the REPowerEU roadmap to phase out Russian fossil fuels by 2027, had been tentatively scheduled for April 15 but has now been removed from the European Commission’s published work calendar, Euronews and Reuters reported on Tuesday.

An unnamed EU official was quoted as saying the delay was because of “current geopolitical developments.” Commission energy spokesperson Anna‑Kaisa Itkonen said she had “no new date to give.”

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READ FULL ARTICLE HERE… (rt.com)

 

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