The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank Sberbank, after much wrangling with Hungary, as punishment for Russian President Vladimir Putin's Feb. 24 invasion of Ukraine.
EU leaders, used to a plentiful supplies of Russian energy, agreed to an embargo on crude oil imports that will take full effect by end-2022. Hungary and two other landlocked Central European states secured exemptions for the pipeline imports they rely on.
