Breakingviews – Breakingviews: Oil embargo will hurt Putin more than EU
After some hesitation, the European Union has decided to ban most Russian oil imports. Replacing Urals crude with more expensive Brent will swell the bloc’s already red-hot energy bill. Still, the move will shrink Moscow’s most lucrative export revenue source and help stunt Vladimir Putin’s war machine.

Breakingviews – Breakingviews: Oil embargo will hurt Putin more than EU

After some hesitation, the European Union has decided to ban most Russian oil imports. Replacing Urals crude with more expensive Brent will swell the bloc’s already red-hot energy bill. Still, the move will shrink Moscow’s most lucrative export revenue source and help stunt Vladimir Putin’s war machine.