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Story perspectives

Europe's Trade Surplus with Russia Hits €500 Million

8/30/2025

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Story summary
  • Europe has attained a €500 million trade surplus with Russia, reversing a previous deficit due to sanctions.
  • Russian oil imports to the EU have dropped from 29% to 2%, with significant reductions in natural gas purchases.
  • Ongoing geopolitical tensions complicate Europe's efforts to establish a unified diplomatic strategy amid the Ukraine conflict.