European Commissioner for the Economy Paolo Gentiloni. Archival photoMOSCOW, May 18. The sixth package of EU sanctions against Russia is blocked, European Commissioner for Economics Paolo Gentiloni said at a press conference in Brussels. «I must say that so far we have not been able to make a decision,» he said. The topic will be discussed again in the coming days. The European Commissioner also noted that the announcement of the intention to impose an embargo on oil from Russia «did not provoke a serious increase in energy prices.» Western countries have introduced new restrictions against Russia because of the situation in Ukraine. The EU countries are seriously considering the possibility of abandoning Russian oil and gas, the sixth package of sanctions provides for the introduction of an oil embargo, but a number of countries, in particular Hungary, are blocking its adoption. President Vladimir Putin said that the policy of containing and weakening Russia is a long-term strategy for the West and the sanctions have dealt a severe blow to the entire global economy. According to him, the main goal of the United States and Europe is to worsen the lives of millions of people. He added that current events draw a line under the global dominance of the West in both politics and economics. According to him, Russia is not going to isolate itself, it cannot be strictly isolated in the modern world.
