European Commission President Expects Russia Oil Deal in Days -- Update
By Sabela Ojea
The European Union will likely agree on a Russian oil embargo
deal in the coming days, the European Commission President Ursula
von der Leyen said Tuesday in an interview to CNBC at the Davos
"I hope we are talking about days. So what we are looking at is
one or two member states that are landlocked," Ms. von der Leyen
said, noting that the institution will support these states through
investments in energy renewal.
Von der Leyen also said that the EU is looking into legal ways
to partially seize assets of Russian oligarchs, depending on the
role they played, or of the Russian government.
Regarding the Russian oil embargo, she added that the European
Union is also working toward making sure Russian President Vladimir
Putin isn't allowed to sell oil to other regions at higher
"We are working on the oil embargo very hard," von der Leyen
Write to Sabela Ojea at firstname.lastname@example.org; @sabelaojeaguix
(END) Dow Jones Newswires
May 24, 2022 08:43 ET (12:43 GMT)
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