EU nears compromise agreement for partial ban on Russian oil

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Leaders seek deal that would satisfy Hungary’s Viktor Orbán while extending sanctionsThe European Union is edging towards a partial ban of Russian oil, as leaders attempt to find a compromise to placate the Hungarian prime minister, Viktor Orbán, who has been holding up a deal on the latest sanctions against Vladimir Putin’s war machine.Under a compromise plan to be discussed at a Brussels summit on Monday, Russian oil transported through the Soviet-era Druzhba pipeline for Hungary, the Czech Republic and Slovakia would be exempt from the EU embargo. Continue reading...

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