3/24, 6:19 PM (Source: TeleTrader)
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Macron: No decision on Russian gas, oil sanctions

French President Emmanuel Macron that the European Union has still not made any final decisions on a total oil, gas and coal embargo on Russia due to its current military operation in Ukraine.

He stated that the decision delay is related to two ongoing tasks of the EU, diversifying its energy sources as well as keeping fuel prices stable amid the increasing energy market uncertainties.

Macron also underlined the international community is "entering an unprecedented food crisis", adding that the wheat supply disruptions in Russia and Ukraine could also induce mass food shortages in North Africa and the countries of the Middle East.

Baha Breaking News (BBN) / SP