The European Union’s leader on Wednesday called on the 27-nation bloc to ban oil imports from Russia in a sixth package of sanctions targeting Moscow for its war in Ukraine.
European Commission President Ursula von der Leyen also proposed that Sberbank, Russia’s largest bank, and two other major banks be disconnected from the SWIFT international banking payment system.
Von der Leyen, addressing the European Parliament in Strasbourg, France, called on the EU’s member nations to phase out imports of crude oil within six months and refined products by the end of the year.