EU leaders agree to partial embargo of Russian oil imports

Some 75% of imports will be banned and Sberbank ejected from Swift but Hungary, Czech Republic and Slovakia to keep supplies

The European Union has agreed to an embargo on most Russian oil imports after late-night talks at a summit in Brussels.

The president of the European Council, Charles Michel, hailed the deal as a “remarkable achievement”, after tweeting on Monday night that sanctions will immediately impact 75% of Russian oil imports, “cutting a huge source of financing for its war machine”.

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