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externalReuters: US to suggest EU imposes tariffs on Russian oil instead of embargo.

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by The Kyiv Independent news deskMay 17, 2022 7:02 pm

The U.S. plans to propose that EU countries impose tariffs on Russian oil as a faster alternative to an embargo, Reuters reported citing U.S. Treasury officials. The mechanism would limit Russia's revenue from oil exports.

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The Kyiv Independent news desk
The Kyiv Independent news desk

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