The embargo covers Russian oil brought in by sea, allowing a temporary exemption for imports delivered by pipeline, a move that was crucial to bring landlocked Hungary on board for a decision that required consensus.
Demonstrators demand an embargo on Russian oil during a protest in front of EU institutions prior to an extraordinary meeting of EU leaders to discuss Ukraine, energy and food security at the Europa building in Brussels on Monday.European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as part of new sanctions on Moscow worked out at a summit focused on helping Ukraine with a long-delayed package of new financial support.
Michel said leaders also agreed to provide Ukraine with a 9 billion-euro tranche of assistance to support the war-torn country's economy. It was unclear whether the money would come in grants or loans. "More than ever it's important to show that we are able to be strong, that we are able to be firm, that we are able to be tough," he added.
Both Michel and von der Leyen said leaders will soon return to the issue, seeking to guarantee that Russia's pipeline oil exports to the EU are banned at a later date. The EU gets about 40% of its natural gas and 25% of its oil from Russia, and divisions over the issue exposed the limits of the 27-nation trading bloc's ambitions.
It was not the first time he had demanded that the EU target Russia's lucrative energy sector and deprive Moscow of billions of dollars each day in supply payments.
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