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Full Breakdown

Baltic Nations Urge EU to Speed Up Ban on Russian Oil

6/27/2026, 11:23:59 PM

Baltic Push for Faster Russian Oil Ban

At the EU energy ministers’ meeting on 23 June 2026, Estonia, Latvia and Lithuania urged the European Commission to speed up a legislative package that would end all Russian crude imports. They note that the remaining 2 % share—about 9.7 million tons—still funds Moscow’s war and that the earlier suspension, linked to the Iran-Israel conflict, should be lifted.

Background: EU’s Decline in Russian Oil Dependence

Commission data show Russian oil fell from 27 % of EU imports in early 2022 to 2 % in 2025 (?9.7 Mt). The EU has already set a timetable to phase out Russian gas by autumn 2027, but a full oil embargo remains pending. The ban proposal, due on 15 April 2026, was removed from the agenda in March after the Strait of Hormuz closure raised supply-shortage concerns.

Official Statements & Responses

The Commission says it is “actively developing” a proposal to stop Russian oil imports. Dan Jørgensen warned that Middle-East tensions make a summer shortage of aviation fuel “more realistic.” Ukraine’s Vlasyuk said the war is financed by depleting domestic resources. Kremlin spokesman Peskov replied that macro-economic stability is “absolutely secured.” Poland’s Wrochna stressed the need for a rapid phase-out while noting price and supply concerns.

Opposition from Member States

Hungary and Slovakia, still dependent on Russian oil, have signalled resistance, warning that a sudden ban could raise energy prices and hurt competitiveness. Other countries share similar concerns about supply disruptions.

Conflicting Reports & Gaps

Sources differ on why the ban stalled: some cite the Iran-Israel war and the temporary Hormuz closure, others note the proposal’s removal from the agenda in March without a clear replacement. Dan Jørgensen gave no public comment.

Verbatim Quotes

  • “effectively reached a standstill.” — Vladyslav Vlasyuk, Ukraine’s sanctions representative
  • “The stability of the Russian economy is secured, macroeconomic stability is absolutely secured, and this is not a matter of doubt for anyone,” — Dmitry Peskov, Kremlin spokesperson
  • “EU Energy Commissioner Dan Jørgensen stated after the meeting that the situation in the Middle East makes the scenario of avoiding a shortage of aviation fuel and other petroleum products in Europe this summer more realistic.” — Dan Jørgensen, EU Energy Commissioner

Outlook

EU leaders extended sectoral sanctions against Russia for a full year on 19 June 2026, signalling a more predictable framework. The Baltic states expect a concrete oil-ban proposal before the end of 2026, after which the EU must address objections from Hungary, Slovakia and other price-sensitive members.