'It's unacceptable that money from E.U. countries is even partially funding this brutal war,' said Greenpeace.
Jake JohnsonThe global climate group Greenpeace criticized the European Union's newly announced embargo on Russian oil as inadequate, noting Tuesday that the ban includes a key carve-out that will allow the nation's crude to continue flowing into E.U. countries through pipelines.
"If the E.U. can't announce an end to all imports of Russian oil, leaders must find other ways to stem the flow of cash to Putin." While the pipeline exemption was deemed"temporary," E.U. leaders have not settled on exactly how long it will last.E.U. leaders said the agreement will eliminate roughly 90% of the bloc's Russian oil imports by the end of 2022, depriving Moscow of billions of dollars in revenue. Last year, before Moscow launched its full-scale invasion of Ukraine, around 27% of the E.U.'s oil imports came from Russia, the third-largest oil producer in the world behind the U.S. and Saudi Arabia.
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