Germany Won’t Block a Russian Oil Embargo, Habeck Says
- Habeck skeptical whether embargo is most effective strategy
- Vice chancellor warns Putin could use oil to divide countries
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Germany signaled it wouldn’t oppose a European Union embargo on Russian oil, but expressed skepticism that it’s the most effective means of damaging Vladimir Putin.
Economy Minister Robert Habeck -- also vice chancellor in the ruling coalition in Berlin -- warned that halting Russian oil imports would cause serious pain to Europe’s biggest economy, including supply shortages and “enormous price increases.”