EU to phase out Russian energy, offer Ukraine support but no fast-track membership Posted on March 11, 2022 by cngpump Leaders of the 27-nation EU are to meet in Versailles on Thursday and Friday, as Russia’s war against Ukraine, which Moscow calls a “special military operation”, enters its third week despite massive western sanctions. Related posts: Putin says western sanctions will disrupt food, energy markets EXPLAINER: What does a US ban on Russian oil accomplish? US President Biden announces ban on Russian oil and gas imports Oil price falls 5 per cent, cools down from Russian oil shock rally Ukraine crisis: Shell says it will stop buying Russian oil, natural gas Crude oil shoots higher on US Russian oil ban, Asian shares stabilise ONGC fails to get bids in its tender to sell Russian oil- sources Spotlight falls on natural gas amid energy transition debate – and geopolitics CERAWEEK -‘Energy transition? Leave us out,’ say African energy leaders Crude oil futures gain on spot demand
