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EU Sets 2028 Deadline to Cut Russian Oil Imports

9/12/2025

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Story summary
  • The European Union plans to end Russian oil and gas imports by January 1, 2028, despite U.S. calls for a quicker phase-out.
  • EU Commission President Ursula von der Leyen announced this during talks with U.S. officials.
  • Current sanctions have cut Russian oil imports by over 90%, though Hungary and Slovakia continue pipeline imports.
  • The EU is drafting legislation to prohibit new short-term contracts with Russian suppliers.
  • Analysts doubt the EU's commitment to sanction non-EU countries like China and India.