Germany to back EU oil embargo on Russia ------------------------------------------------- Germany says it is ready to back an immediate European Union embargo on Russian oil imports over Moscow’s invasion of Ukraine ------------------------------------------------- Europe is dependent on Russia for more than one quarter of its crude oil. Most imports arrive via oil tankers and ports Picture: Getty Images EUROPE’S BIGGEST IMPORTERS OF RUSSIAN OIL, 2021 ($ billions)* Germany: 23.6 Largest importer spends about $65 million per day on Russian oil products Poland: 14.7 Netherlands: 11.4 *Oil includes imports of crude oil, petrol and diesel Other: 19.2 Greece: 3.2 Slovakia: 4.0 Lithuania: 4.2 Italy: 4.2 UK: 6.1 Belgium: 6.6 Finland: 6.7 Total $104 billion Equal to roughly $285 million per day IMPORTS OF RUSSIAN ENERGY TO EUROPE, 2021 ($ billions) Crude oil Petrol and diesel Natural gas 68.7 35.7 43.4 Oil products represent 70% of total imports Note: All figures estimated Russia embargo: EU may offer exemption or long transition period to oil-dependent countries. Any overall ban could be phased in by end of 2022 ------------------------------------------------- Sources: European Federation for Transport and Environment, Reuters © GRAPHIC NEWS