German EcoMin: German oil supply security is not affected by problems from Russian pipeline contamination

Germany’s Economy Ministry is out with the latest statement on Monday, assuring that the German oil supply security is not affected by problems arising from contamination on the Russian pipeline

The Ministry added that there are no considerations for the time being to release oil from strategic reserves.

Earlier today, the German Finance Ministry released its monthly economic assessment report, highlighting that the external risk for the economy remains high.