Title : Russia Bans Energy Exports to Ukraine
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Russia Bans Energy Exports to Ukraine
Prime Minister Dmitry Medvedev has signed a decree banning Russian exports of coal, crude oil and oil products to Ukraine, he told government officials in televised comments on Thursday.
Starting June 1, the export of products listed in the decree will require a special permit, Interfax reported.
The decree will also ban the import into Russia of Ukrainian “engineering, light and metalworking products, which in the past year amounted to almost $250 million,” Medvedev said.
The move comes in response to Ukraine's recent actions to embargo Russian products such as glassware and electrical equipment, he added.
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Update #1: Russia to ban oil and coal exports to Ukraine (Financial Times)
Update #2: Russian fuel embargo could lead to collapse of Ukraine’s economy, oil major warns (RT)
WNU Editor: Both Russia and Ukraine have been imposing bans on each others goods since last year. But these new measures escalates tensions. As to why now? Ukrainians go to the polls on Sunday with opposition candidate Volodymyr Zelenskiy expected to win. This is the Kremlin's way of testing him right now.
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