• Ar
  • Es
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Feature
  • Videos
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Feature
Videos
Infographs
In Pictures
  1. Home
  2. News
  3. Europe
  4. Spiegel: Russian oil ban to cause economic problems for east Germany
Europe

Spiegel: Russian oil ban to cause economic problems for east Germany

  • By Al Mayadeen English
  • Source: Agencies
  • 16 May 2022 10:07

Sabine Rennefants, a journalist for Der Spiegel, warned of the economic devastation that a prospective Russian oil embargo might cause in eastern Germany.

  • Spiegel: Russian oil ban to cause economic problems for east Germany
    Spiegel: Russian oil ban to cause economic problems for east Germany

Sabine Rennefants, a journalist for Der Spiegel, warned of the economic devastation that a prospective Russian oil embargo might cause in Eastern Germany.

Read more: EU needs few months to prepare for full Russian oil embargo

According to Rennefants, "The future of the East- economic, social and political- is decided in Schwedt an der Oder."

She stated that the oil embargo threatens the viability of a nearby oil refinery, which obtains raw materials entirely from Russia via the Druzhba pipeline.

Rennefants warned that "the PCK refinery could be the first German victim of the crisis in Ukraine."

Earlier, the leader of the German Industrial Union (BDI), Siegfried Russwurm, stated that a Russian gas embargo would be disastrous for the German economy.

  • Russian oil
  • Russia
  • East Germany
  • Germany
  • Sanctions on Russia
  • russian oil ban
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Trending Now

All
Germany will support oil embargo from Russia without Hungary

Germany will support oil embargo from Russia without Hungary: Minister

Most Read

Neo-compradors: the leftist foot soldiers of Imperialism

Neo-compradors: the leftist foot soldiers of Imperialism

  • MENA
  • 2 Feb
Eastern Mediterranean very dangerous at seismic level: Hoogerbeets

Eastern Mediterranean very dangerous at seismic level: Hoogerbeets

  • MENA
  • 7 Feb
Western selective humanitarianism, Syria earthquake falls on deaf ears

Western selective humanitarianism, Syria earthquake falls on deaf ears

  • MENA
  • 6 Feb
Donetsk People's Republic head Denis Pushilin peaks during a news conference on February 23, 2022. (Reuters)

DPR Chief warns Ukrainian forces use drone-dropped chemical weapons

  • Europe
  • 6 Feb

Read this

All
Barcelona Mayor Ada Colau
Palestine

Barcelona suspends relations with Israeli occupation

  • 8 Feb
Screenshot showing the previous summary of the New York Times news article discussing the aid effort to Syria, February 7, 2023 (Social Media)
MENA

NYT makes U-turn after saying Syria can't receive aid due to sanctions

  • 8 Feb
The Lebanese delegation, headed by Lebanese caretaker Foreign Minister Abdullah Bou Habib, meets with Syrian President Bashar Al-Assad in Damascus, Syria, February 8, 2023 (SANA)
MENA

Lebanon sends official delegation to Syria following earthquake

  • 8 Feb
UN security council session on Russia's military operation. (Twitter)
US & Canada

Ukraine war 'illegal' but not 'unprovoked': Pink Floyd lead singer

  • 8 Feb
Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS