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EU oil sanctions aim to break the ‘Russian war machine’


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The European Union (EU) says it wants to be independent of all Russian oil supplies by the end of this calendar year and in doing so keep the economic pressure on Russia.

In a statement, European Commission president, Ursula von der Leyen, says ‘Putin must pay the high price’ for his actions in Ukraine. IGTV’s Jeremy Naylor looks at the chart of Brent.

 

 

 

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