Slovakia tells Trump it won’t stop buying Russian oil now

Slovakia told Donald Trump Saturday that it has no fast plan to stop taking Russian ￰0￱ Peter Pellegrini gave the message during talks with the ￰1￱ in New York on September ￰2￱ has been pressing the two remaining European Union holdouts, Hungary and Slovakia, to end imports of Russian ￰3￱ argues this would cut Moscow’s war money and push Vladimir Putin to the table. Slovakia, a landlocked Eastern European country bordering Ukraine, resisted and cited limits on new routes and technical ￰4￱ said in a statement sent by his office on Saturday that Slovakia cannot replace Russian energy overnight. “If change is to come in the coming years, it’s called diversification,” he told Trump during the ￰5￱ added, “Slovakia needs three, four, five different sources of gas and ￰6￱ cannot replace dependence on Russia with dependence on the United States.” According to the same statement, Slovakia needs technical and logistical help before any major ￰7￱ described the meeting as constructive and said Trump “had a smile on his face, but he told me directly: do something about it.” Trump presses EU holdouts to end Russian oil imports While Pellegrini was delivering his position, Hungarian Prime Minister Viktor Orban also pushed back on Trump this ￰8￱ said giving up Russian oil and gas would ruin Hungary’s ￰9￱ has not only pressed Hungary and Slovakia but also Turkey and India to stop buying oil from ￰10￱ to EU estimates in May, purchases from Russia now make up only 3% of EU crude oil imports compared with 27% before Russia’s invasion of ￰11￱ wants those last flows ￰12￱ European Union is considering new trade measures aimed at the remaining Russian oil imports, Bloomberg reported on September ￰13￱ said the bloc’s executive arm is reviewing continued imports via the Druzhba pipeline, which feeds Hungary and ￰14￱ adopted, the measures would mostly hit those supplies unless they are phased ￰15￱ and Bratislava have blocked earlier attempts, saying the moves threaten their energy ￰16￱ weighs trade measures and new sanctions package The trade measures under review are separate from a new sanctions package the EU presented on ￰17￱ package includes a ban on Russian liquefied gas, starting with short-term contracts six months after entry into force and then extending to long-term deals from January 1, ￰18￱ part of the same plan, the EU proposed sanctions on more than 100 oil tankers in Moscow’s “shadow fleet” and other actions targeting entities that enable the energy trade, including in third ￰19￱ ambassadors were briefed on the proposals on Friday, but no details on timing or scope were ￰20￱ sanctions, which need unanimous backing of member states, trade measures like tariffs require only a majority of ￰21￱ measures would help the EU meet a key demand made by Trump as a condition for ￰22￱ on Russia ￰23￱ has said the EU should stop all Russian oil and gas ￰24￱ all member states have halted pipeline and seaborne imports, but Hungary and Slovakia are still taking ￰25￱ other EU nations have committed to phase out Russian fossil fuels by the end of ￰26￱ measures could be used if Budapest and Bratislava do not present exit plans, people familiar with the matter ￰27￱ ￰28￱ also pressured its Group of Seven allies to impose tariffs as high as 100% on China and India for their Russian oil purchases to push Putin into talks with ￰29￱ request is expected to face resistance in EU capitals.

G‑7 officials are working on a new sanctions package and want to finalize the text later this month, Bloomberg has ￰30￱ planned EU measures would target major Russian oil firms and the networks and ships that move crude and generate profit for ￰31￱ your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.