European Union to propose a ban on Russian oil by the end of the year

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Bloomberg (gated) have the report, citing ‚people familiar with the matter‘:
European Union is set to propose a ban on Russian oil by the end of the year, with restrictions on imports introduced gradually until thenEU also considering treating oil shipped via tankers and through pipelines differently, with the latter being easier to sanction The EU is the single largest consumer of crude and fuel from Russia.

Bloomberg also cite the unnamed sources as saying:The EU will also push for more banks from Russia and Belarus to be cut off from the international payment system SWIFT, including Sberbank
More at that link above. 

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