EU Fail To Agree To A Plan To Ban Russian Oil

Ukrainians stage a demonstration ahead of EU Leaders' Summit in Brussels, Belgium [Dursun Aydemir/Anadolu]  

Reuters: EU fails to agree Russian oil ban despite onslaught on outskirts of Sievierodonetsk 

KYIV (Reuters) - Ukrainian and Russian forces battled on Monday on the outskirts of Sievierodonetsk, the last city still held by Kyiv in Ukraine's Luhansk province and the focus of Moscow's offensive in the country's east. 

But even as the Russian onslaught raged, EU leaders made clear they would fail to agree on a Russian oil import ban at a summit in Brussels, prompting swift criticism from Ukrainian President Volodymyr Zelenskiy who said they were too soft on Moscow. 

Russian shelling has reduced much of Sievierodonetsk to ruins, but the Ukrainian defence has slowed the wider Russian campaign across the Donbas region. 

Read more ....  

Update #1: EU struggles to reach an agreement on Russian oil embargo as Hungary holds firm (CNBC)  

Update #2: EU Leaders Spar Over Russian-Oil Ban (WSJ)  

WNU Editor: Ukraine President Zelensky has responded .... Zelenskiy chides EU for failing to agree on Russian oil import ban (Reuters). 

As to what is my take. 

Russia will have numerous customers for ts oil, especially at these prices .... Brent crude breaks $120 a barrel as gas prices soar (The Hill).  

Update #3: It looks like the Netherlands and Denmark are about to be cut-off from Russian natural gas .... Russia could cut off Denmark and the Netherlands' natural gas (CNN).