Germany Says Ready to Halt Russian Oil After EU Agrees Embargo

  • Schwedt refinery is Germany’s biggest hurdle for oil switch
  • Economy minister says move could still cause disruption
The PCK oil refinery in Schwedt, Germany.Photographer: Krisztian Bocsi/Bloomberg
Lock
This article is for subscribers only.

Germany threw its weight behind a European Commission proposal to impose a phased-in import ban on Russian oil to punish Moscow for its decision to invade Ukraine.

The transition period is sufficient to arrange alternatives, Economy Minister Robert Habeck told reporters on Wednesday following a two-day cabinet retreat in Meseberg near Berlin. He added that disruptions could still be possible as Germany switched away from Russian supplies.