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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Germany Drops Opposition to Russian Oil Ban, Ministers Say

German Finance Minister Christian Lindner speaks at a news conference in Berlin, Germany, April 28, 2022. (Reuters)

Two senior ministers in Chancellor Olaf Scholz's government on Monday said Germany would be ready to back an immediate European Union ban on Russian oil imports, and that Europe's biggest economy could weather shortages and price hikes.

The comments by Finance Minister Christian Lindner and Economy Minister Robert Habeck are the latest sign Sholz has shifted from his cautious approach toward Russia and is willing to back sanctions against Moscow even if they have economic costs at home.

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