Kremlin: The oil embargo will seriously affect Europe's energy balance

The Kremlin said that the imposition of export controls on Russian oil would hit Europe hard, leaving the region out of energy imbalance, but would not affect the United States
.

Foreign ministers of EU countries are discussing controls on Russian exports from the energy and oil sectors, pushing for an oil embargo as part
of a possible fifth round of sanctions against Russia.

Reuters reported that the foreign ministers of some EU countries are discussing controls on Russian exports from the energy and oil sectors, pushing for an oil embargo as part
of a possible fifth round of sanctions against Russia.

In response to the sanctions that European countries may take, Kremlin spokesman Peskov said: "This kind of regulation will have a very serious impact on the global oil market and a very serious impact on the energy balance
of the European continent.
" ”

Diplomats say a Russian chemical weapons attack in Ukraine or a heavy bombardment of the Ukrainian capital, Kiev, could be a factor
in triggering the energy embargo.
Russia insists that the target of the attack is the Ukrainian army, not civilian infrastructure
.

Moscow has warned that EU sanctions on Rosneft could prompt it to shut down gas pipelines
to Europe.
Currently, the EU is divided
on how to resolve the energy issue.

"Americans will remain the status quo and will be much
less affected than Europeans [in the case of the oil embargo]," Peskov said.
It's hard for Europeans, and such a decision would hit everyone
.
”

EU foreign and security policy commissioner Borrell said EU foreign ministers would discuss imposing more sanctions on Russia, including on the country's energy and oil sectors
.