The article says that a large oil refinery located in this city depends on supplies from Russia via the Druzhba pipeline.
Local residents fear that the plant will be closed due to the decision of the authorities on sanctions against Russia.
Schwedt Mayor Annekathrin Hoppe said this would be a "truly nightmare scenario" and lead to unemployment and energy problems.
“Schwedt was overwhelmed by a wave of anger after Germany agreed to the embargo,” RIA Novosti quoted the article as saying.
Earlier, Rosneft said that the replacement of Urals oil with other types at the RSK Raffinerie GmbH refinery in the German city of Schwedt would lead to an increase in fuel prices.
Candidate of Economic Sciences Alexander Danilov, in an interview with the FBA "Economy Today" commented on the situation on the world oil market.