Page 33 - European Union

Oil prices decline as traders weigh prospect of EU ban on Russian oil

Oil prices retreated on Tuesday after a jump in the prior session, as traders are weighing the prospect of a European Union (EU) ban on imports of Russian oil

Brent at $115 a barrel as European Union weighs Russia oil ban

Crude oil prices stayed strong a fourth day as the European Union weighed a possible ban on Russian crude imports, to punish Moscow for its invasion of Ukraine

News LIVE updates: Germany refuses to boycott Russian energy

News Live Updates: Zelensky had earlier said that Ukraine would not compromise on its territorial integrity and sovereignty.

EU split on Russia oil sanctions over Ukraine invasion, mulls other steps

The European Union's foreign ministers disagreed on Monday on whether and how to slap sanctions on Russia's lucrative energy sector over its invasion of Ukraine

EU, India, 8 other countries call for int'l cooperation on data protection

The joint declaration emphasised on safeguards for international transfers to enable cross-border data flows by ensuring that the protection travels with the data

EU must impose sanctions on Russian oil, ministers tell divided bloc

Whether to target Russian oil, as the United States and Britain have done, is a tough and divisive choice for the 27-nation EU, which relies on Russia for 40% of its gas

Oil prices up more than $6 as European Union considers Russian oil ban

Brent crude futures were up $6.52, or 6%, at $114.45 a barrel by 1442 GMT, adding to a 1.2% rise on Friday

Oil prices jump again as European Union considers Russian oil ban

Brent crude futures were up $3.40, or 3.2%, at $111.33 a barrel by 0958 GMT, adding to a 1.2% rise last Friday

EU slams Russia's 'war crimes' in Ukraine, but new sanctions unlikely

The imposition of a new round of sanctions asset freezes and travel bans appears unlikely for now

European Union to mull Russian oil embargo with Biden set to join talks

EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies

European Union to mull Russian oil embargo with Biden set to join talks

EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies

Russia not to initiate reconciliation with West: Foreign Minister Lavrov

Russia remains open to cooperation with Western countries, but will not initiate an improvement in the relations with them, Russian Foreign Minister Sergei Lavrov said on Saturday

Multiple dimensions: Three ways to see the Russia-Ukraine conflict

Is Putin the bad guy in the Ukraine conflict, or has the West ignored the need for a legitimate buffer zone, or is it all about ideological underpinnings of civilisational ideas, wonders T N Ninan

Omicron BA2 subvariant spreading as EU nations lift Covid curbs: EMA

Cases of Omicron BA2, a Covid-19 subvariant, are rising across the European Union (EU) as member nations were lifting restrictions, the European Medicines Agency (EMA) said

Be ready to lose all your money in crypto, warn EU regulators

Consumers should be particularly wary of promised fast or high returns, especially those that look too good to be true, the EU's securities, banking and insurance watchdogs said in a joint statement

EU to increase tariffs on India, Indonesia stainless steel imports

The European Union will increase tariffs on stainless steel products from India and Indonesia after determining they benefited from unfair subsidies, including some from China under its BRI programme

European Union hikes tariffs on India, Indonesia stainless steel makers

The European Union has determined that imports of cold-rolled flat stainless steel products from India and Indonesia benefit from unfair subsidies and imposed tariffs

From trade to truffles: EU slaps more sanctions on Russia after Ukraine war

Pure-bred horses, truffles, a soccer club owner and a media company chief. They were among the targets of new European Union sanctions against Russia on Tuesday that sought to deny oligarchs their love of luxury and rob the nation of lucrative steel exports. The 27-nation bloc sought to stay away from sanctions that would sap its supply of Russian energy, but pounced with measures worth billions while stifling its ability to work on global markets by banning EU rating agencies to work with Russian clients. These new sanctions will cut Russia off even further and drain its resources to finance this barbaric war. So one can say that the Russia has become the most sanctioned nation in the world, which is very dubious honour indeed, European Commission Vice President Valdis Dombrovskis said. The continued punishment of Moscow for its invasion of neighbouring Ukraine was done in close consultation with Western allies, from the United Kingdom to the United States. Together they agreed t

Meta Platforms slapped with $19 million fine for EU data law breaches

Meta Platforms was fined 17 million euros ($19 million) for violating the European Union's privacy rules by failing to prevent a series of data breaches on its Facebook platform in 2018

Russia-Ukraine crisis: Euro rises on hopes of progress in peace talks

By Stefano Rebaudo