Spiegel experts say the move will be problematic for both Russia and Europe, but they have time to adjust The Russian oil embargo is likely to add to the problems already facing both Russia and Europe, analysts polled by German media outlet Spiegel warn. Due to the ban on oil imports from Russia, which the EU introduced this week as part of the sixth round of Ukraine-related sanctions, inflation in Europe will continue to rise, Guntram Wolff, the head of the Brussels-based think tank Bruegel, told the newspaper. For Europe, this could “mean the worst of all worlds,” he said, as businesses and consumers will suffer
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