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EU Starts to Consider Oil Sanctions Delay as Hungary Digs In

  • Diplomats fret over delay in approving sixth sanctions package
  • Orban has said energy embargoes should be discussed by leaders
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WATCH: The EU is weighing a plan to delay an outright ban on Russian oil. Maria Tadeo reports.Source: Bloomberg
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Some European Union nations are saying it may be time to consider delaying a push to ban Russian oil so they can proceed with the rest of a proposed sanctions package if the bloc can’t persuade Hungary to back the embargo.

Governments haven’t given up on their aim for a deal with Budapest on the full package, including a phased-in oil ban, by Monday, when EU foreign ministers meet in Brussels, according to EU diplomats.