EU Unable to Secure US, G7 Backing to restrict Russian Oil Exports
A Brussels-based diplomat, speaking to TASS, said EU officials had introduced the initiative to Washington and fellow G7 capitals as part of broader efforts to intensify measures aimed at limiting the transport and servicing of Russian crude shipments.
"The EU presented to the US and G7 its plan to fully prohibit European businesses from transporting Russian oil and providing any kind of maintenance, supply, financing and insurance services to tankers that transport Russian oil, no matter what flag they are flying. The European Commission invited partners to impose similar restrictions on their companies. The United States refused," the diplomat said.
The same source added that he "does not exclude the possibility of Washington imposing its own measures in due time and on its own terms."
He further noted: "Other G7 partners said that joining the EU sanctions was possible but stopped short of giving any clear promises,"
Since the outbreak of the Ukraine conflict in February 2022, Russia has become the most heavily sanctioned country globally, overtaking nations such as Iran, Syria and North Korea.
Sanctions-monitoring databases indicate that more than 16,500 measures have been enacted against Moscow, targeting individuals, corporations, ships and aircraft as part of the international response.
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