ANDØYA, Norway (March 13): German Chancellor Friedrich Merz said on Friday that any move to ease sanctions against Russia is wrong, after the US issued a 30-day waiver for countries to buy sanctioned Russian oil and petroleum products stranded at sea. "We believe that is wrong," Merz said at a press conference alongside his Norwegian counterpart. "There is currently a problem with prices, but not with supply. And in that respect, I would like to know what other factors led the US government to take this decision." "Let me make this very clear once again: Germany is not part of this war, and we do not wish to become one," Merz said.

Source: The Edge Markets March 13, 2026 11:41 UTC