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May 4, 2022

EU proposes banning Russian oil

From the BBC World Service: The European Union is proposing to halt the import of Russian crude oil and refined fuels. And the Reserve Bank of India unexpectedly raised interest rates by 0.4 percentage points.

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European Commission President Ursula von der Leyen speaks during a debate regarding economic sanctions against Russia.
European Commission President Ursula von der Leyen speaks during a debate regarding economic sanctions against Russia.
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EU proposes banning Russian oil