German Minister Says Full Embargo on Russian Oil ‘Manageable’
Robert Habeck
Photographer: Liesa Johannssen-Koppitz/BloombergThis article is for subscribers only.
Economy Minister Robert Habeck said Germany has already cut its reliance on Russian oil enough to make a full embargo “manageable,” potentially laying the groundwork for a continent-wide ban that would upend the global trade in petroleum.
The share of Russian oil in Germany’s imports has fallen to about 12%, from 35% before the invasion of Ukraine, Habeck said Tuesday at a news conference in Warsaw.