EU to propose higher import tariffs on Russian oil

Investing.comWednesday, September 24, 2025 at 10:47:23 AM
EU to propose higher import tariffs on Russian oil
The European Union is set to propose higher import tariffs on Russian oil, a move aimed at reducing dependency on Russian energy sources amid ongoing geopolitical tensions. This decision is significant as it reflects the EU's commitment to energy independence and its stance against Russia's actions. By increasing tariffs, the EU hopes to encourage member states to seek alternative energy suppliers, ultimately fostering a more stable and secure energy market.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
EU’s Sefcovic to meet USTR Greer to revisit metal tariffs, Bloomberg News reports
NeutralFinancial Markets
The European Union's Maros Sefcovic is set to meet with U.S. Trade Representative Greer to discuss the ongoing metal tariffs. This meeting is significant as it could lead to potential adjustments in trade policies that impact both economies. The outcome may influence future trade relations and economic strategies between the EU and the U.S.
Hungary to Rebuff Trump’s Request to Stop Buying Russian Oil
NegativeFinancial Markets
Hungary has made it clear that it will continue purchasing Russian oil despite pressure from US President Donald Trump to halt these transactions. Foreign Minister Peter Szijjarto emphasized that the country's landlocked geography presents significant challenges in sourcing oil from alternative suppliers. This decision is crucial as it highlights Hungary's reliance on Russian energy and raises questions about the broader implications for European energy security and geopolitical alliances.
Atos wins €326M European Commission cybersecurity contract
PositiveFinancial Markets
Atos has secured a significant €326 million contract with the European Commission to enhance cybersecurity measures across Europe. This win not only underscores Atos's expertise in the field but also highlights the growing importance of cybersecurity in safeguarding digital infrastructures. As cyber threats continue to evolve, this partnership is crucial for ensuring the safety and resilience of European digital services.
Trump says he will urge Hungary’s Orbán to stop buying Russian oil
PositiveFinancial Markets
In a recent statement, former President Donald Trump announced his intention to encourage Hungary's Prime Minister Viktor Orbán to halt the purchase of Russian oil. This move is significant as it reflects ongoing efforts to reduce reliance on Russian energy sources amid geopolitical tensions. By advocating for this change, Trump aims to promote energy independence and support European allies in their quest for alternative energy solutions.
Denmark does not rule out Russian involvement in drone ‘attack’
NegativeFinancial Markets
Denmark has raised concerns about potential Russian involvement in a recent drone attack, as both the EU and NATO accuse Moscow of reckless behavior following multiple breaches of airspace. This situation is significant as it highlights escalating tensions in Europe and raises questions about security and international relations in the region.
Boeing offers remedies in bid for EU approval for Spirit deal
PositiveFinancial Markets
Boeing is taking significant steps to secure EU approval for its acquisition of Spirit AeroSystems by proposing remedies that address regulatory concerns. This move is crucial as it demonstrates Boeing's commitment to compliance and its strategic intent to enhance its supply chain. Gaining this approval could pave the way for a more robust partnership, ultimately benefiting both companies and the aerospace industry.
Indonesia, EU seal trade deal, hope to offset Trump tariffs
PositiveFinancial Markets
Indonesia and the European Union have successfully finalized a trade deal aimed at boosting economic ties and countering the impact of tariffs imposed by the Trump administration. This agreement is significant as it opens new markets for Indonesian products while providing the EU with a reliable source of goods, fostering mutual growth and cooperation. As global trade dynamics shift, this partnership could serve as a model for other nations looking to navigate similar challenges.
Pro-Russia Slovakia Bemoans Being Left Out of EU ‘Drone Wall’
NegativeFinancial Markets
Slovakia is expressing frustration over being excluded from the European Union's proposed 'drone wall' aimed at enhancing security on its eastern border. This sentiment is echoed by allies of Prime Minister Robert Fico, who has been criticized for maintaining close ties with Moscow despite EU consensus. The exclusion of Slovakia and Hungary from this initiative raises concerns about regional security and the implications of differing foreign policy stances within the EU.
Boeing submits remedies to EU for Spirit AeroSystems acquisition
PositiveFinancial Markets
Boeing has taken a significant step by submitting remedies to the European Union regarding its acquisition of Spirit AeroSystems. This move is crucial as it aims to address regulatory concerns and facilitate the merger, which could enhance Boeing's supply chain and production capabilities. The acquisition is expected to strengthen Boeing's position in the aerospace market, making it a pivotal development for the industry.
Denmark is Selling the First Sovereign Bond Under EU Green Rules
PositiveFinancial Markets
Denmark is making history by becoming the first country to issue a green bond under the European Union's new standards. This significant step not only highlights Denmark's commitment to sustainability but also sets a precedent for other nations in the EU to follow suit. By adhering to these new rules, Denmark aims to combat greenwashing and promote genuine environmental initiatives, making this a pivotal moment in the EU's efforts to foster a greener economy.
Indonesia and EU finalize economic partnership after 9 years of talks
PositiveFinancial Markets
After nearly a decade of negotiations, Indonesia and the European Union have successfully finalized an economic partnership agreement. This milestone is significant as it opens up new avenues for trade and investment between the two regions, fostering economic growth and collaboration. The agreement is expected to enhance market access for Indonesian products in Europe while providing EU businesses with greater opportunities in Indonesia, ultimately benefiting both economies.
EU, Indonesia Ink Trade Deal After Years of Talks
PositiveFinancial Markets
The recent trade deal between the EU and Indonesia marks a significant step forward after years of negotiations. Indonesia's commitment to gradually reduce tariffs on imported cars is a game changer, as it paves the way for increased EU auto exports and investment in electric vehicles. This agreement not only strengthens economic ties but also promotes sustainable transportation solutions, making it a win-win for both parties.
Latest from Financial Markets
The Pros and Cons of a Private Student Loan
NeutralFinancial Markets
The article explores the pros and cons of private student loans compared to federal options, highlighting key differences such as interest rates and repayment terms. Understanding these distinctions is crucial for students and families making financial decisions about education funding, as it can significantly impact their long-term financial health.
Bessent Says U.S. Talking With Argentina About $20 Billion in Aid
PositiveFinancial Markets
U.S. officials are in discussions with Argentina regarding a substantial $20 billion aid package, a move that could provide much-needed support as the South American nation grapples with a market run on its peso and uncertainty about its economic future. This potential assistance is significant not only for stabilizing Argentina's economy but also for strengthening U.S.-Latin American relations during a challenging time.
80% of millennials and Gen Z who used AI for financial advice say it helped—but it’s not without risk: over half made a bad decision as a result
PositiveFinancial Markets
A recent study reveals that 80% of millennials and Gen Z who sought financial advice from AI found it beneficial, marking a significant shift in how young people manage their finances. This trend highlights the growing reliance on technology for financial decisions, as traditional sources like parents are being replaced by AI tools. However, the study also warns that over half of these users made poor decisions based on the advice they received, emphasizing the need for caution and critical thinking when using AI for financial guidance.
Joe Rogan comes to Jimmy Kimmel’s defense, calling for America to be a ‘community’ with a ‘strong social safety net’—and free speech
PositiveFinancial Markets
Joe Rogan has stepped up to defend Jimmy Kimmel, emphasizing the importance of free speech and the need for a strong social safety net in America. Rogan believes that the government should not interfere with what comedians say, highlighting the value of open dialogue in comedy. This stance resonates with many who feel that artistic expression should be protected, making it a significant moment in the ongoing conversation about freedom of speech and community support.
Street Talk: Is this markert rally sustainable?
NeutralFinancial Markets
In a recent discussion, Rebecca Walser, CEO of Walter Wealth Management, shared insights on the current bullish market rally and the potential for a bearish turn. This analysis is crucial for investors as it helps them navigate market fluctuations and make informed decisions about their portfolios.
One killed and two injured in shooting at ICE office in Dallas, Texas
NegativeFinancial Markets
A tragic shooting incident at an ICE office in Dallas, Texas, has left one person dead and two others injured. Homeland Security Secretary Kristi Noem stated that the motive behind the attack remains unknown. This event raises significant concerns about safety and security at federal facilities, highlighting the ongoing challenges faced by law enforcement and the need for enhanced protective measures.