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Germany rejects proposed European embargo on Russian oil imports.

by The Kyiv Independent news desk March 7, 2022 6:42 PM 1 min read
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The German Chancellor Olaf Scholz said he's “preferring to focus on ‘sustainable’ pressure on Moscow that would not impose too heavy a burden on Germans.” Germany is dependent on Russia for imports of more than 55% of its gas, half of its coal and 35% of its oil. Russian energy has so far been exempt from sanctions, but the US has been exploring with its European allies the possibility of an embargo on Russia’s oil.

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