The European Union did not include a complete ban on maritime services for Russian oil in the 20th package of sanctions. Previously, the initiative provided for the refusal to provide services regardless of the oil price.
The EU has abandoned the strict ban
Reuters reports, The EU has not agreed on a complete ban on maritime services for the transport of Russian oil. This issue was considered during the discussion of the 20th package of sanctions against Russia.
The initiative provided for the refusal to provide insurance, brokerage and other maritime services for the transport of Russian oil, regardless of its price. However, member states failed to reach agreement on this point.
Reasons for easing sanctions
According to diplomats, some EU countries have expressed concern about the possible economic consequences of a complete ban. In particular, they referred to risks to energy security and market stability.
As a result, this item was removed from the final version of the sanctions package. Others restrictions on Russian oil remain in force.
Reaction to the EU decision
Sources say that some EU member states insisted on tougher measures, but no compromise was reached. EU officials have not yet commented on the details of the discussion.
The new sanctions package is expected to be officially adopted in the coming days. It contains other restrictions aimed at the Russian economy.
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