European Union bans Russian oil


  • The Russia-Ukraine crisis intensified as Ukrainians wanted their government to join European Union. 
  • Though the issue revolved around the Crimean peninsula and its annexation by Russia, the issue exploded with Ukraine’s plan to join the EU. 
  • When Russia invaded Ukraine in February 2022, Ukraine asked for EU candidacy. And EU approved immediately. 
  • Since then, the tiff between the western world and Russia increased. The tensions have been escalating since this issue. 
  • Recently, the EU banned the import of Russian oil to into its member countries.
  • European Union has banned Russian oil as a punishment for invading Ukraine. 
  • The G7 countries have agreed to increase the prices of oil from Russia. 
  • This includes the US, Italy, Germany, France, Britain, Japan, and Canada.
  •  This is being done to cut down Russia’s profits that are funding its war with Ukraine.


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