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Bloomberg: EU to remove pipeline oil embargo from sixth package of sanctions.

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The EU proposed banning seaborne oil from Russia while holding off imposing restrictions on import from the key pipeline Druzhba, Hungary's main source of crude imports, to satisfy Budapest's objections. The European Commission sent a revised proposal to national governments on May 28, Bloomberg reported, citing people familiar with the matter.

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"Russia is playing for time here, and in doing so is also acting against the will of the American president. In today's talks, I called for increasing the pressure on Moscow," German Chancellor Friedrich Merz said on March 3 after meeting with U.S. President Donald Trump.

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