EU imports of Russian fossil fuels in third year of invasion surpass financial aid sent to Ukraine

Posted by IHateTrains123

2 Comments

  1. IHateTrains123 on

    # Tighter sanctions that undercut Russian countermeasures can slash Kremlin revenues by 20% annually

    >Despite a range of sanctions and the threat posed by dependence on Russian energy, in the third year of Russia’s full-scale invasion of Ukraine, EU imports of Russian fossil fuels in particular remain largely unchanged, totalling EUR 21.9 bn, a 6% year-on-year drop in value but merely a 1% year-on-year drop in volumes.

    >Notably, EU imports of Russian fossil fuels in the third year of the invasion surpassed the EUR 18.7 bn of financial aid they sent to Ukraine in 2024.

    >Russia’s total global fossil fuel earnings in the third year of the invasion also reached EUR 242 bn and have totalled EUR 847 bn since the start of the invasion of Ukraine in February 2022.

    !ping Europe&Foreign-policy

  2. This is a huge problem and something Europe absolutely has to get its act together on if they’re going to successfully fend off Russian aggression. You can’t hold off an assailant with one hand while giving him a knife with the other.

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