Brussels reiterated a January 1, 2028 deadline to end Russian oil imports — part of a broader effort to unwind energy ties forged over decades.
What’s new
- Energy officials said the target stands despite political friction and calls to accelerate.
- Draft rules would tighten origin checks on gas to close loopholes in the planned ban.
Context
Russian crude and products once supplied a large slice of Europe’s energy needs. The phase‑out sits alongside measures to curb Russian LNG and to expand alternative supplies, including U.S. LNG.
What to watch
- Final approval of gas ban timelines and the durability of enforcement mechanisms.
- Energy‑price pass‑through to heavy industry as contracts roll over.
- How exemptions or carve‑outs for landlocked states are handled.
Source reporting: Reuters reporting on EU oil/gas phase‑out plans and enforcement drafts.