Sanctions

German government supports embargo on Russian oil imports

by TASS

The German government supports the plans of the European Union (EU) to impose an embargo on oil imports from Russia. During the latest preliminary talks on the sixth package of sanctions against Russia, Berlin spoke in favor of a ban, the DPA news agency reported, citing diplomatic sources in the EU.

Thus, such decision by the European Union has become much more likely. The reason for the sharp change in Germany’s position could be the recent success in finding alternative oil suppliers. Last week, Vice Chancellor of Germany, Federal Minister for Economic Affairs and Climate Action Robert Habeck said that the country’s dependence on Russian oil imports has decreased from 35% before Russia launched a special military operation in Ukraine to 12%.

Read the full story on TASS

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TASS
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