00:00The European Union does not think that now is the time to ease pressure on Russia.
00:05The bloc's Commissioner for Economy, Valdez Dombrovskis, made these comments at a G7 meeting
00:11after the U.S. announced an extension to a sanctions waiver
00:15allowing energy-vulnerable countries hit by the Iran war to buy Russian oil.
00:23Dombrovskis said that U.S. Treasury's Scott Besson had reassured its partner at the meeting
00:28that the U.S. waiver, issued for a further 30 days,
00:32allowing countries to buy sanctioned Russian oil at sea, will be temporary.
00:36Secretary Besson informed us about this decision.
00:41Well, from an EU point of view, we do not think that this is a time to ease pressure on
00:47Russia.
00:48In fact, Russia is the one which is gaining from the war in Iran and increase in fossil fuel prices.
00:58Correspondingly, if anything, we would need to strengthen the pressure.
01:02Secretary Besson was reassuring that this is a temporary measure,
01:06but we know that it's already a second extension of the measure,
01:11which initially was meant to last only 30 days.
01:15And there's four to four percent of the election,
01:15I want to finish off the election,
01:15which is if it was anTO
01:16Father, the question of people who have not in bed from the provision
01:16or Pf¬s abroad would have changed by the government
01:17And I would like to thank you for saying that,
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