Germany can live without Russian oil by end of year - minister Talks over how the EU can wean itself off Russian energy supplies have been taking place in Brussels.
Germany's Economy Minister Robert Habeck earlier said that member states remained divided on a Russian energy embargo.
Hungary has made clear its opposition to banning both Russian oil and gas.
Germany itself is not ready to ban gas but would be able to deal with a ban on Russian oil by the end of the year, Habeck said. That is the time-frame for any phasing-out of Russian oil apparently being discussed by EU member states.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.