US welcomes European Union’s Russian oil embargo, calls for long-term efforts

US welcomes European Union's Russian oil embargo, calls for long-term efforts

Ukraine war: EU leaders on Monday agreed to ban more than two-thirds of Russia’s oil imports.

Washington:

The United States on Tuesday welcomed the European Union’s decision to reduce Russia’s oil imports and called for long-term efforts to reduce its dependence on Moscow.

“We applaud the steps taken by our European allies and partners to reduce Russia’s dependence on oil and natural gas,” State Department spokesman Ned Price told reporters.

He said there was “widespread support” among US allies for the reduction of Russia’s war machine power and that this was Russia’s energy market.

“The EU has taken an important step in that short-term path, but then there is also a long-term path that has less to do with each day and more to do with the trend over time, and we need to reduce our reliance on that. Russian power.”

He said the European decision was in line with President Joe Biden’s support goals to reduce dependence on fossil fuels to combat climate change.

EU leaders on Monday agreed to ban more than two-thirds of Russia’s oil imports, the bloc’s toughest move in response to Russia’s February 24 invasion of Ukraine.

But the deal includes a “temporary waiver” for Russian crude shipped via pipeline to appease Landlocked and led Hungary, led by nationalist Prime Minister Victor Urban.

Biden banned Russian oil and gas just days after the attack, a politically simple decision taken in the United States that does not depend on Moscow’s energy imports.

(Except for the title, this story was not edited by NDTV staff and was published from a syndicated feed.)

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