Europe Bans 90% of Russian Oil – Trustnodes

Oil prices have risen another 3.5% to $123.70 for brent crude oil as the European Union finally moves to ban most Russian oil.

Russian oil imports that arrive from the sea, accounting for 2/3rd of all imports, and in the case of Germany and Poland oil that arrives from pipelines too, will be banned, amounting to 90% of all EU’s imports of Russian oil.