Germany will end oil imports from Russia by year end, says minister
The German foreign minister made the announcement shortly after meeting with her Baltic counterparts
Germany will stop importing oil from Russia by the end of the year, said German Foreign Minister Annalena Baerbock after a meeting with her Baltic counterparts on Wednesday.
OIL PRICES RISE 1% AFTER FALLING IN PREVIOUS SESSION
"I therefore say here clearly and unequivocally yes, Germany is also completely phasing out Russian energy imports," said Baerbock.
Annalena Baerbock, after being confirmed as the Green Party's candidate for chancellor on June 12, 2021. (Sean Gallup/Getty Images)
"We will halve oil by the summer and will be at zero by the end of the year, and then gas will follow, in a joint European roadmap, because our joint exit, the complete exit of the European Union, is our common strength."