Russia’s ‘hub tankers’ drive sanction evasion
Edited By WION Video Desk
Published: Feb 25, 2025, 10:10 IST | Updated: Feb 25, 2025, 10:10 IST
Despite sanctions and geopolitical tensions, the European Union continues to import Russian fossil fuels in significant volumes. According to the Centre for Research on Energy & Clean Air, the EU spent $23 billion on Russian fossil fuels in 2024. This is a 6% drop in value year-on-year but only a 1% reduction in volume. Notably, the EU’s fossil fuel imports from Russia exceeded the $19.5 billion in financial aid it provided to Ukraine in 2024.
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