Saudi Arabia: US ‘not in a position to tell OPEC what to do’
06 December 2018 | 3:16 pm
President Donald Trump's call for OPEC to keep oil flows unrestricted drew criticism from Saudi Arabia. The oil cartel convened in Vienna to discuss cutting output, in a bid to bring prices back from a two month slump.
The Turkish leader will be in Saudi Arabia for a two-day visit where relations "will be reviewed." It will be Erdogan's first visit since the 2018 killing of journalist Jamal Khashoggi at the Saudi consulate in Istanbul.
EU leaders are expected to present the proposed embargo later this week. Supporting the measure would be Germany's second turnaround in as many weeks with regards to Ukraine.
The oil embargo could be upheld for years, the German Foreign Minister Annalena Baerbock said. Her Green ally Robert Habeck said complete independence from Russian oil was possible by late summer.
The European bloc is moving closer to banning Russian oil with Germany changing course to support the embargo. But many questions remain open.
As EU member states push for a Russian oil embargo, Germany's PCK Schwedt refinery is facing an uncertain future. It runs wholly on Russian imports, and many locals aren't so sure alternatives can be found in time.
Hungarian Prime Minister Viktor Orban and Brussels are at odds again. Hungary refuses to support the planned oil embargo against Russia. But now even former allies such as Poland are turning their backs.
The 27 EU member states are deliberating a gradual ban on Russian oil imports. Some countries, such as Hungary, Slovakia and Cyprus, are concerned about the repercussions of such a move on their economies.
Hungary's government is "holding European Union decision makers hostage" by refusing to join an EU-wide embargo on Russian oil, according to Lithuania's foreign minister. This comes as EU leaders continue their efforts to gather support for a sixth sanctions package on Russia from all 27 EU member states. The government of PM Viktor Orban has claimed that an import ban on Russian oil would ruin the Hungarian economy. Lithuania's Foreign Minister Gabrielius Landsbergis tells FRANCE 24 that "Europe is weaker" as a result, and that he is "still hoping Budapest will be responsible in their decisions".
Russia's president has said banning oil imports from his country would be impossible for some dependent European states, after the EU failed to reach consensus to impose the measure.
Where do you get oil and gas if you want to end dependence on Russia? Germany imported more than 500,000 barrels of crude oil from Russia every day in 2020. In theory, Iran could step in. But it's complicated.
German Economy Minister said the EU was close to finally agreeing on a ban on Russian oil imports as the war in Ukraine enters the fourth month.
In the week that EU leaders agreed on a sixth round of sanctions against Russia, Polish Under-Secretary of State for Foreign Affairs Pawel Jablonski speaks to FRANCE 24 about the effect he hopes the measures will have on the Russian economy, his disappointment at the Hungarian government's stance regarding sanctions and the latest developments in Poland's rule of law dispute with the European Commission.
2 hours ago
African leaders said they would try to alleviate cyclic food insecurity on the continent back in 2003. It's time they got on with it, and they can use Western money to do so, writes DW’s George Okach.
2 hours ago
Rising gas and oil prices have plunged Europe into its worst energy crisis in decades. France has been hit hard, but perhaps not for the reasons you would expect. Nuclear and hydroelectric power, the country's main sources of electricity, are both running out of steam. Has the French energy mix hit a breaking point? We take a closer look in this edition of Down to Earth.
2 hours ago
Rights groups and a prominent cleric have warned of a military crackdown in the Kurdish city, following intense protests there. Meanwhile, Iran arrested two actresses, and its football captain spoke up at the World Cup.
3 hours ago
Malaysia has been beset by political instability over the past couple of years, while the economy is struggling to recover from the COVID pandemic-induced slowdown.
3 hours ago
Russia continued strikes on Ukrainian gas and electricity infrastructure. Meanwhile, the president of France told Asian business leaders that the conflict is "your problem" too.