EU looking at faster Russian oil and gas exit, after US pressure

Group 1 - The European Union is considering a faster phase-out of Russian fossil fuels as part of new sanctions against Moscow, influenced by U.S. pressure to stop buying Russian oil [1][2] - The EU has already banned imports of seaborne crude oil from Russia, covering over 90% of its Russian oil imports, and is negotiating to completely phase out imports of Russian oil and gas by January 1, 2028 [3][4] - Hungary and Slovakia oppose measures on gas imports, citing concerns over rising energy prices, while they import around 200,000-250,000 barrels per day of Russian oil, which is about 3% of EU oil demand [4][5] Group 2 - The EU's gas purchases from Russia are expected to be around 13% this year, down from approximately 45% before the full-scale invasion of Ukraine in 2022 [5]