EU leaders agree to ban export of Russian oil to Bloc: EU Council President

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EU Council President Charles Michel said European Union leaders agreed on Monday to ban the export of Russian oil to the 27-nation bloc.

European leaders agreed on Monday to ban the export of Russian oil to the bloc of 27, EU Council President Charles Michel said.

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“This immediately covers over two-thirds of oil imports from Russia, cutting off a huge source of funding for its war machine,” Michel wrote on Twitter.

The leaders also agreed to cut Russia’s biggest bank Sberbank from the SWIFT system and ban three other Russian public broadcasters, he added.

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