Oil productionCAiro, Mar 8The European Union will not ban energy imports from Russia, EU High Representative for Foreign Affairs and Security Policy Josep Borrell told Al Jazeera TV channel. He made such a statement after Washington announced new sanctions against Moscow, including a ban on energy supplies. «We will not ban import of Russian energy. We do not follow Biden in this matter,» Borrell said. As the head of European diplomacy stressed, the EU is convinced that the current partner «cannot be relied upon,» therefore, they are looking for alternative sources of gas supplies. Moscow has repeatedly emphasized that it has always fulfilled its obligations under contracts, and consumers in Europe have also spoken about this. Borrell also noted that Ukraine's entry into the EU is possible, but will not happen immediately. According to him, there are no threats to Russia from Ukraine, while the EU «will not push Kyiv to war with Moscow.»The price of Brent crude exceeded $130 per barrel Joe Biden announced on Tuesday evening that Washington had imposed a ban on the import of energy resources from Russia. He noted that this decision was made against the backdrop of the situation in Ukraine, he was supported by both parties in Congress. The President warned that such sanctions would lead to a further increase in gasoline prices in the United States. On Tuesday, the cost of fuel at US gas stations reached an all-time high, exceeding $4.17 per gallon (3.785 liters). In his speech, Biden urged companies not to inflate prices and not use the situation in the interests of their own profit at the expense of consumers. On February 24, Russia launched a military operation in Ukraine. Vladimir Putin called its goal «the protection of people who have been subjected to bullying and genocide by the Kiev regime for eight years.» According to the Ministry of Defense, the armed forces strike only at military infrastructure and Ukrainian troops. In response, the West imposed new anti-Russian sanctions. In particular, several of the largest banks, including Sberbank and VTB, fell under them. The European Union, the USA, Canada and a number of other countries have closed the skies for Russian aircraft. For several state-owned companies, the ability to attract foreign capital was difficult. Sanctions have been imposed on the supply of high-tech products to Russia.
