SMM

Germany's crude oil imports rose 8.5% in 2022 as Europe's largest economy recovers from the Covid-19 pandemic, official data showed on Monday. The spending on crude purchases rose sharply as prices soared. Statistics released by the Federal Office for Economic Affairs and Export Control (BAFA) show that despite the sanctions resulting from the Russia-Ukraine war, Russia remains Germany's largest supplier, but its share fell from 34.1% in 2021 to 25.4%.