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EU Spends €46B on Russian Fuels Despite Sanctions

5/23/2025

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Summary

Story summary

In 2024, the European Union's staggering €46 billion expenditure on Russian fossil fuels overshadowed the €39 billion aid sent to Ukraine. Even amidst sanctions, imports of Russian liquefied natural gas soared. The EU's new sanctions aim at dismantling Russia's "Shadow Fleet," a covert operation transporting oil, underscoring the deepening geopolitical strife.

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Story summary

In 2024, the European Union's staggering €46 billion expenditure on Russian fossil fuels overshadowed the €39 billion aid sent to Ukraine. Even amidst sanctions, imports of Russian liquefied natural gas soared. The EU's new sanctions aim at dismantling Russia's "Shadow Fleet," a covert operation transporting oil, underscoring the deepening geopolitical strife.