Moneycontrol PRO
HomeNewsWorldRussian energy imports 'essential' to Europeans' daily lives: German Chancellor Olaf Scholz

Russian energy imports 'essential' to Europeans' daily lives: German Chancellor Olaf Scholz

"Europe has deliberately exempted energy supplies from Russia from sanctions," Olaf Scholz said in a statement.

March 07, 2022 / 19:18 IST
German Chancellor Olaf Scholz

German Chancellor Olaf Scholz cautioned Monday against banning Russian oil and gas as part of Western sanctions against Moscow over its invasion of Ukraine, saying doing so could put Europe's energy security at risk.

"Europe has deliberately exempted energy supplies from Russia from sanctions," Scholz said in a statement.

Follow our LIVE blog on Russia-Ukraine conflict

"Supplying Europe with energy for heat generation, mobility, electricity supply and industry cannot be secured in any other way at the moment. It is therefore of essential importance for the provision of public services and the daily lives of our citizens."

AFP
first published: Mar 7, 2022 07:17 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347