Selenskyj demands drastic price reduction for Russian oil - pressure on Putin!

Selenskyj demands drastic price reduction for Russian oil - pressure on Putin!

Kiew, Ukraine - On Tuesday evening, the Ukrainian President Wolodymyr Selenskyj sent a haunting appeal to the EU in a video message. He demands halving the price limit for Russian oil from $ 30 to $ 30 per barrel. In response to the EU Commission's proposal, this claim comes to reduce the maximum price to $ 45. Selenskyj thanks the EU Commission for its commitment in the energy and banking sector in the desired new sanctions against Russia, which appear necessary after intensive air strikes in Ukrainian cities.

Selenskyj sees the halving of the price cover as a decisive step to put Russia under pressure and to establish peace in the region. In his message, he criticizes the compromises of the West to Russia, which in his opinion only lead to the fact that peace is delayed further. According to Selenskyj, the air strikes, which he describes as increasingly aggressively, do not take place as a reaction to Ukrainian actions, but rather seem to show the military pressure of the Russians.

new sanctions in focus

The European Union is apparently ready to take new measures against Russia. The EU Commission, as [Spiegel] (https://www.spiegel.de/ausland/astraskrieg- against--ukraine-eu-kommission-- Neue-Sanctions---8691ecc4-c62b-4acb-B117-75EF80469A), has already announced sanctions that are targeted to energy and Banking sector should meet Russia. Commission President Ursula von der Leyen brought the lower price into play, but a final decision still has to be coordinated by the EU member states.

At the same time, the challenges of European energy supply are becoming increasingly pressing. Around 41% of the natural gas in the EU comes from Russia, which makes the throttling of gas deliveries, which has been pronounced since the beginning of the Ukraine War, an unpleasant topic. Countries such as Poland and the Netherlands no longer move a gas from Russia, while Germany is enormously affected by the interruption of the Nordstream 1 management, reports from bpb.

The outlook on the energy transition

In the debate about the dependence on Russian gas, it becomes evident that there are different interests in the EU. While Hungary and Austria are hesitant to fully implement sanctions against Russia, countries such as the Czech Republic rely on liquid gas (LNG) in order to become more independent of Russia. At the same time, a construction of LNG terminals is planned in Germany to transport gas imports. These developments take place against the background of increasing coal consumption in the EU, while the exit from coal continues to be a central goal.

you can see that geopolitical tensions and the energy in the EU are also becoming an increasing topic in the EU. The coming days and weeks will show how political and economic decisions will affect stability in Europe.