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Perspective

The Costs of War:
how tariffs could help Europe give up Russian oil and gas

The EU is struggling to agree sanctions on Russian energy supplies. By applying tariffs to oil and gas imports from Russia the Union could protect its energy security during a phase-out, while preventing Russia from financing its war in Ukraine. This could be agreed by qualified majority, and would mean the EU’s trade policy was aligned with its values, interests and obligations, argues Hannes Lenk, Senior Researcher in Law at SIEPS.

Hannes Lenk May 2022 Maj 2022