UPDATED: EU agrees to ban 90% of Russian oil imports by end of year

Concession allows Hungary to receive pipeline volumes of crude, oil prices jump in early trading

Address: European Commission President Ursula von der Leyen talks with the press after an extraordinary meeting of EU leaders on 30 May in Brussels to discuss Ukraine, energy and food security
Address: European Commission President Ursula von der Leyen talks with the press after an extraordinary meeting of EU leaders on 30 May in Brussels to discuss Ukraine, energy and food securityPhoto: AP/SCANPIX
Published 31 May 2022, 05:47Updated 31 May 2022, 12:55