EU Delays Oil Ban Plan

European Commission postponed April 15 legal proposal to ban Russian oil imports.
Energy market disruptions from Middle East war caused the delay.
International Energy Agency reported largest-ever energy supply disruption, raising Brent crude prices to over $100.
EU aims to phase out Russian oil by end-2027, though imports are already at 1% by late 2025.

International Relations | Policy | Energy

Middle East | Europe

2 weeks ago