The European Union's top diplomat Josep Borrell said on Tuesday he hoped for a deal soon on an EU oil embargo on Russia, possibly for EU foreign ministers to agree.

Foreign ministers are due to meet on Monday, May 16. Borrell said last week he could also call an emergency meeting of the ministers to sign off on the sanctions if they were ready, or to move negotiations forward.

If EU ambassadors could not agree this week, he also said foreign ministers could try to break any deadlock, in a bid to win over reluctant states, particularly Hungary. The European Commission proposed the oil embargo on May 4.

(Reporting by Robin Emmott)