Brussels prepares to hit Russia with ‘smart sanctions’ on oil imports -The Times

The European Union is preparing "smart sanctions" against Russian oil imports, The Times reported https://www.thetimes.co.uk/article/brussels-prepares-to-hit-russia-with-smart-sanctions-on-oil-imports-k3f230l3j on Monday, citing the European Commission's executive vice president, Valdis Dombrovskis.

"We are working on a sixth sanctions package and one of the issues we are considering is some form of an oil embargo. When we are imposing sanctions, we need to do so in a way that maximises pressure on Russia while minimising collateral damage on ourselves," Dombrovskis told the Times.