EU can agree Russia oil embargo, or seek alternative, Germany says

26/5/2022 19:47

        The European Union can still strike a deal on a Russian oil embargo in the coming days or look to "other instruments" if no agreement is reached, Germany's economy minister Robert Habeck said at Group of Seven talks in Berlin on Thursday.
        
        The EU executive European Commission proposed the embargo as the harshest sanction yet on Russia after its invasion of Ukraine. But talks have failed to produce a breakthrough so far with Moscow's closest ally in the EU, Hungary vetoing the move.
        
        Habeck said all EU countries had to reduce their oil dependency.