EU finally bans Russian oil import

EU leaders agreed on Monday to ban the import of Russian oil to the 27-nation bloc, EU Council President Charles Michel said.

“This immediately covers more than two thirds of oil imports from Russia, cutting a huge source of financing for its war machine,” Michel wrote on Twitter.

The leaders also agreed to cut off the largest Russian bank Sberbank from the SWIFT system.

The bloc also banned three more Russian state-owned broadcasters, he added.