EU oil embargo ‘in days’ as Ukraine isolation drives Russia closer to China

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Reuters UK

By Oleksandr Kozhukhar and Hans-Edzard Busemann LVIV, Ukraine/BERLIN (Reuters) – The European Union will likely agree an embargo on Russian oil imports “within days,” according to its biggest member Germany, as Moscow said it saw its economic ties growing with China after being isolated by the West over its invasion of Ukraine. Ukrainian President Volodymyr Zelenskiy told global business leaders in Davos on Monday that the world must increase sanctions against Russia to deter other countries from using “brute force” to achieve their aims. Many of the EU’s 27 member states are heavily reliant o…

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