Delivery ban oil from Russia greatly harms Germany, said the Prime Minister of Saxony Michael Kretschmer.
“I also believe that now is the time to take a closer look: who is it really hurting? There is a global demand for coal, oil and gas,” the politician said.
He noted that the forthcoming sixth package of EU restrictive measures against Moscow could cause serious damage to the association, as the EU countries would buy energy sources not in Russia, which would lead to a shortage that would have to be filled with the help of sources from the Russian Federation.
The Prime Minister of Saxony believes that oil and gas prices in the world have already reached “toxic levels”.
Restrictive measures against Russia, introduced by the countries of the European Union, hit on the European economy itself. The fact is that Europe itself is more dependent on fuel supplies from Russia, since the Asian market remains open for Moscow.