The European Union has agreed to an embargo on most Russian oil imports after late-night talks at a summit in Brussels. Ursula von der Leyen, the president of the European Commission, said the ban would 'effectively cut around 90% of oil imports from Russia to the EU by the end of the year' because Germany and Poland had committed to renounce deliveries via a pipeline to their territory. The sanctions package also targeted Russia's largest bank, Sberbank, and three Russian state broadcasters
EU leaders agree to partial embargo of Russian oil imports