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Minister: Germany to stop most Russian oil imports by end of 2022.

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Minister: Germany to stop most Russian oil imports by end of 2022. German Economy Minister Robert Habeck  also told the Frankfurter Algemeine Zeitung in a March 12 interview that Germany would stop importing Russian coal by this fall.

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The EU's new steel allocation, set to enter into force on July 1, was introduced in response to global steel overcapacity, which has been hurting EU producers. The measure aims to restrict tariff-free steel imports to 18.3 million metric tons per year, a 47% reduction.

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