The head of the Federation of German Industries has advised against an embargo on Russian gas The backbone of the German economy – its industry – would “collapse” should Berlin decide to impose an embargo on Russian gas, the president of the country’s industry association has warned.
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Ports in Belgium, Spain, and France have reportedly helped re-export over 20% of LNG deliveries from the sanctioned country The EU is reselling more than a fifth of its imports of liquefied natural gas (LNG) from Russia to other parts of the world, the Financial Times reported on Wednesday.
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