Moscow calls EU move to phase out Russian oil 'self-destructive'


An aerial view shows oil tank cars and railroad freight wagons in Omsk, Russia May 24, 2022. Picture taken with a drone. REUTERS/Alexey Malgavko/File Photo

(Reuters) -Russia warned on Thursday that the European Union's decision to partially phase out Russian oil was likely to destabilise global energy markets, calling it a 'self-destructive' step that could backfire on the bloc.

EU leaders agreed in principle on Monday to cut 90% of oil imports from Russia by the end of this year, the bloc's toughest sanctions since the start of the invasion of Ukraine, which Moscow calls a "special military operation".

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