European Union proposes banning Russian oil; Experts weigh


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The Russian-Ukrainian war has been going on for more than 70 days. Thousands of Ukrainians were killed in the bloodshed as Russia bombed residential buildings, theaters, train stations and many civilian establishments. In the 6th round of measures, the European Union has proposed a Russian oil ban, which if implemented will be a blow to President Putin. The US, UK and EU countries have also supported Ukraine with military and humanitarian aid to resist Russia’s onslaught.

The Russian-Ukrainian war has been going on for more than 70 days. Thousands of Ukrainians were killed in the bloodshed as Russia bombed residential buildings, theaters, train stations and many civilian establishments.

Ukrainian soldiers have successfully fought off Russian troops so far even as Russia continues to mount its offensive. Western countries have pushed to isolate Russia with a series of sanctions.

In the 6th round of measures, the European Union has proposed a Russian oil ban, which if implemented will be a blow to President Putin. The US, UK and EU countries have also supported Ukraine with military and humanitarian aid to resist Russia’s onslaught.

To discuss the implications of the proposed sanctions on Russia, CNBC-TV18 spoke with Business Ukraine’s Peter Dickinson and Kyiv Post’s Bohdan Nahaylo.

Watch the attached video for more details.


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