The European Union announced a proposal to ban purchases of Russian oil exports, after Germany, Europe’s biggest economy, dropped its opposition. WSJ’s Bojan Pancevski explains why Germany was such a holdout.

Further Reading:

-EU Proposes Ban on Russian Oil Imports, Sending Prices Higher

-Germany Drops Opposition to Embargo on Russian Oil

Further Listening:-If Russia Invades Ukraine, Can the U.S. Deliver on Sanctions?

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