It is quite realistic to impose a ban on the import of Russian oil to the European Union, despite the resistance of several countries, including Hungary.
At the World Economic Forum in Davos , German Vice-Chancellor and Economics Minister Robert Habeck said that EU member states depend on Russian energy sources in different ways, but an oil embargo is quite achievable in the coming days.
The statement of the politician representing the Green Party is quoted by the German edition of ZDF.
According to him, the planned activities fail only because of the resistance of several states, primarily Hungary. Despite this, a ban on oil imports is quite achievable in the coming days.
“I think within a few days we will achieve a breakthrough,” Habek said.
However, according to him, the oil embargo does not automatically mean that Putin will be weakened. He gave an example of the consequences of the American oil embargo, when oil prices rose around the world. Although Putin “sold less oil over the past few weeks, but received more revenue.” This, of course, should be avoided, emphasizes Habek.
The German Vice-Chancellor proposes an international agreement on oil prices – the creation of a kind of cartel of buyers, opposed to the Russian oil supply cartel.
Recall that Germany is ready to abandon Hungary’s participation in the embargo in order to speed up the ban on oil imports from Russia.
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