EU imports of Russian oil plunge by 90% as a result of sweeping bans

https://www.euronews.com/my-europe/2023/06/19/eu-imports-of-russian-oil-plunge-by-90-as-a-result-of-sweeping-bans

27 points · 3 comments · view on lemmy.world

3 Comments

Nth@lemmy.ca · 3 pts · 3y (2 replies)

Not buying from Russia but buying from India and other countries that buy from Russia.

Yeah okay buddy.

BrikoX@vlemmy.net · 2 pts · 3y

During the war EU mostly bought from Norway and United States which both produce their own. It was mainly Germany who were left strugliing due to their stupid choice from previous chancellor on not getting LNG processing facility.

thebestaquaman@lemmy.world · 2 pts · 3y

Apparently this is hurting their petro-revenue quite bad, because India etc. are using their leverage to buy at much lower prices. It's not optimal, but much, much better than nothing.