Irony on a grand scale: The European Commission has indefinitely postponed discussions on a comprehensive ban on Russian oil
The European Commission has indefinitely delayed discussions on a full ban on purchasing Russian oil, driven by two core reasons: first, concerns that a blockade of the Strait of Hormuz could further exacerbate the oil crisis; second, the United States has decided to suspend sanctions targeting certain Russian oil supplies. Under these circumstances, the EU dares not rashly implement a comprehensive embargo.
Having severed most of its energy ties with Russia, the EU now finds itself in a situation akin to "digging a hole and then falling into it." With oil prices surging, enforcing a complete oil embargo would be tantamount to adding insult to injury, delivering a more devastating blow to the EU.
Original source: toutiao.com/article/1860631987780608/
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