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Reuters
Reuters
Politics

Kremlin says Russian oil embargo would hurt Europe, not U.S

Ukraine Kremlin Kyiv Moscow
FILE PHOTO: A worker checks pipes at a gas compressor station on the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk December 29, 2006.REUTERS/Vasily Fedosenko/File Photo

The Kremlin said on Monday Europe would be hit hard in the event of an embargo on Russian oil, striking the continent's energy balance, but would not affect the United States.

Some European Union foreign ministers are pushing for an oil embargo as part of a possible fifth round of sanctions against Russi, in an effort to punish Moscow over events in Ukraine.

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