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Putin banked €1B last year from EU fuel buys despite ban (www.politico.eu)

submitted 8 months ago* (last edited 8 months ago) by velox_vulnus@lemmy.ml to c/worldnews@lemmy.ml

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Seven refineries processing Moscow’s crude in India, Turkey and Bulgaria continued exporting refined fuels to the EU.

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[-] yogthos@lemmy.ml 5 points 7 months ago

Direct trade has reduced, but Europe is still buying Russian energy through third parties. Russia is still making record profits, third parties are skimming off top, and European public is footing the bill. Pretty good deal for everyone but Europe is seems.

this post was submitted on 25 Feb 2024

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