Skip to content

Germany Open to Discuss Russian Oil Price Cap, Scholz Aide Says

Video player cover image
How to Price the Risk of Russia's Tightening Grip on Gas

Germany would support having an international debate about imposing price caps on Russian oil imports, according to Joerg Kukies, Chancellor Olaf Scholz’s top economic aide.

“We are open to having this discussion on the international level and can definitely foresee this making sense if it’s implemented,” he said Wednesday at Bloomberg’s Future of Finance event in Frankfurt.