The European Union proposed a ban on imports of Russian crude within six months and on refined oil products from the country by year-end, prompting a jump in oil prices, while the bloc is set to impose sanctions on high-ranking Russian military officials involved in alleged war crimes and the siege of Mariupol…

EU member states started discussing the package of sanctions in Brussels on Wednesday. All 27 countries will need to sign off on it. EU officials are pushing for a decision this week, although differences remain among member states about some of the proposals.

The Wall Street Journal reported on Tuesday that Hungary and Slovakia, two countries that are heavily dependent on Russian oil deliveries, will have 20 months to stop imports.

“With all these steps, we are depriving the Russian economy from its ability to diversify and modernize. Putin wanted to wipe Ukraine from the map. He will clearly not succeed,” Ms. von der Leyen said.