Published: March 8th, 2022,
Last updated: October 4th, 2022
In a video call on Monday, US President Joe Biden and the leaders of France, Germany, and the United Kingdom reaffirmed their determination to continue to hold Russia accountable for its „unprovoked and unjustified invasion of Ukraine“, the White House said in a statement. US Secretary of State Antony Blinken is also considering an import ban on Russian oil, while the German government continues to reject this. Nevertheless, there will be restrictions on the German oil market – Shell has announced that it will restrict short-term deliveries of heating oil and other petroleum products at some trading points. Manuel Berkel analyzes why an oil embargo depends on the political will of Saudi Arabia.