Germany plans to ditch Russian oil imports by the end of the year, Bloomberg News reported on Sunday, citing anonymous sources familiar with the issue. The measure will apparently be adopted whether or not the EU reaches a consensus on a Russian oil embargo.
The German Chancellor’s Office is now in talks with alternative suppliers and the government is confident it will be able to resolve all remaining issues within six to seven months, according to Bloomberg. The sources did not reveal which nations could replace Russian oil supplies to Germany.
Before the start of Moscow’s military operation in Ukraine, 35% of Germany’s oil imports came from Russia. Since the conflict broke out, Germany has cut that figure down to 12%.
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