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Germany mulls imposing Russian oil embargo

Germany mulls imposing Russian oil embargo

India Today
Friday, March 18, 2022 05:37:59 PM UTC

In the aftermath of Russia's invasion of Ukraine, German Foreign Minister Annalena Baerbock suggested that her country consider imposing an oil embargo on Russia.

German Foreign Minister Annalena Baerbock has indicated that her country should consider imposing an oil embargo on Russia in the wake of its invasion of Ukraine.

In a security policy speech Friday, she said it was important to take a stance and not remain silent due to economic or energy dependency.

“Even if it’s difficult, including on questions now with regard to oil or other embargoes,” said Baerbock.

Germany receives about a third of its oil from Russia and half of its coal and natural gas.

Baerbock also warned against China’s growing influence over energy infrastructure in Africa and Asia, saying Germany will soon propose a new strategy on dealing with Beijing.

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