Flags of the European Union and Russia. File photoMOSCOW, April 25The European Union is preparing a sixth package of sanctions against Moscow that will affect oil imports from Russia, European Commission Executive Vice President Valdis Dombrovskis said in an interview with the Times newspaper. «We are working on a sixth package of sanctions, one of the issues under consideration is some form of oil embargo. sanctions, we must do it in such a way that they increase pressure on Russia, but at the same time minimize the damage to ourselves,» Dombrovskis said. According to the Vice President of the European Commission, the details of sanctions regarding Russian oil have not yet been agreed. He noted that these could include phasing out Russian oil or imposing tariffs on exports above a certain price cap. The EU is almost entirely dependent on external gas purchases. Russia was the main supplier in 2021, providing approximately 45 percent of EU imports of «blue fuel», the European Commission previously reported. By mid-May, she plans to present a plan on how to eliminate the EU's dependence on Russian gas, oil and coal by 2027.Sanctions began to devour their creatorsRussia launched a military operation in Ukraine on February 24th. In response, Western countries imposed large-scale sanctions against Moscow, which primarily affected the banking sector and the supply of high-tech products. Individual brands announced the cessation of work in the country. The Kremlin called these measures an economic war, the likes of which have never been seen before. The authorities declared their readiness for such a scenario and assured that they would continue to fulfill social obligations. The Central Bank is taking measures to stabilize the situation in the foreign exchange market. The authorities also announced the transfer of payments for gas supplies to unfriendly countries into rubles. The government has prepared a plan to counter sanctions, which includes about a hundred initiatives. The volume of its financing will amount to about a trillion rubles. At the same time, Europe was faced with rising fuel prices and food inflation caused by it, which led to dissatisfaction among the citizens of some EU countries. jpg» />Bloomberg: Germany will get into debt due to sanctions against Russia
