November 29, 2022

Germany warns of native oil shortages after EU ban on

Germany warns of local oil shortages after EU ban on

Germany warns of local oil shortages after EU ban on

Germany has warned of native oil shortages when the EU-wide ban on Russian oil comes into power in January, in an additional signal of the disruption Europe’s power disaster is wreaking on the continent’s largest financial system.

The warning was contained in a response to a query posed by MPs from the opposition Christian Democrats about power safety in east Germany, dwelling to 2 huge refineries which are extremely depending on Russian crude.

One among them, Schwedt, is a key provider of petrol,…

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