EU Proposes First Energy Ban Against Kremlin, Halting Russian Coal Imports

EU Proposes First Energy Ban Against Kremlin, Halting Russian Coal Imports

Share to Linkedin The European Union will propose a ban on Russian coal imports Tuesday as part of a new sanctions package against Russia, the bloc announced Tuesday morning, marking the EU's most significant action against Russian energy imports since it invaded Ukraine in February. European Commission President Ursula von der Leyen, pictured here on Tuesday, announced a proposed ... [+] ban on Russian coal imports to the EU. Ursula von der Leyen, president of the EU's European Commission, announced the action on coal in a Tuesday speech, estimating the ban will cover four billion ($4. 39 billion) euros of Russian coal. Other sanctions targeting Russia's economy are included in the package, including banning transactions with four Russian banks and barring most Russian and Belarusian trucks and ships from entering the EU. Notably, import restrictions on Russian oil or natural gas are not a part of the new measures. The new wave of penalties come following fresh reports of atrocities committed by the Russian military in Ukraine, including allegations of retreating Russian forces systematically executing hundreds of civilians in the Kyiv suburb of Bucha over the weekend. 47%. That's the proportion of all EU coal imports Russia accounted for in