The EU Ban On Russian Coal Goes Into Effect At Midnight

The EU Ban On Russian Coal Goes Into Effect At Midnight

OilPrice.com

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An EU embargo on the import of Russian coal goes into effect on August 11 after a midnight deadline for the transition period agreed by bloc members four months ago. The ban is part of the fifth package of EU sanctions to punish the Russian economy since President Vladimir Putin ordered tens of thousands of Russian troops into Ukraine in late February. The coal embargo is the first measure among the seven rounds of EU sanctions so far to hit energy supplies, which have been particularly hard-hit along with grain exports by the Ukraine conflict.…

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