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The Baltic states are urging the European Union to move faster on banning Russian oil imports, even as phaseout negotiations have stalled in the wake of the Strait of Hormuz closure, which has raised fresh concerns about energy supply security across the bloc.
The disruption has complicated an already politically fraught exit from Russian energy, giving European policymakers a ready-made reason to slow their pace — one that Baltic governments appear unwilling to accept.
Why the Talks Have Stalled The immediate cause of the impasse is the closure of the Strait of Hormuz.
That chokepoint is critical to global oil flows, and its closure triggered concern among EU member states about whether the bloc could absorb the loss of Russian supply without aggravating an already tightened market.
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