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Austria prefers 'other options' to embargo on Russian gas.

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Foreign Minister Alexander Schallenberg told local radio ORF that his country won't support any EU embargo on Russian gas deliveries because there are other ways for the bloc to punish the Kremlin. Russian imports make up 80% of Austria's gas supply, according to Bloomberg.

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Among its provisions, the law requires the president to impose tariffs of up to 100% on goods from countries that continue buying Russian crude oil or natural gas and were among the five largest importers of Russian energy by volume over the previous 12 months.

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