Moscow calls EU move to phase out Russian oil ‘self-destructive’ Posted on June 3, 2022 by cngpump EU leaders agreed in principle on Monday to cut 90 per cent of oil imports from Russia by the end of this year, the bloc’s toughest sanctions yet since the start of the invasion of Ukraine, which Moscow calls a “special military operation”. Related posts: EU to phase out Russian energy, offer Ukraine support but no fast-track membership EU leans towards Russian oil ban by year-end, diplomats say France’s TotalEnergies to ship Abu Dhabi crude to Europe in rare move OPINION: India looks to Russia to solve the energy crisis Moscow created Germany’s Russian energy imports surge in value even as volumes fall Russian oil exports outside ex-Soviet Union up 2 per cent April 1-28: source Indian refiners seeking 6-month Russian oil import deal: Report Oil climbs but takes a breather in tight range Russia increases its emergency spending fund by $3.5 billion Oil firms on tight supply though EU ban on Russian oil still uncertain