The EU’s imports of Russian oil and gas continued to decrease steeply in the second quarter of this year, according to new data released by the EU’s statistical office Eurostat.
The figures suggest the EU’s sanctions on the trade of energy products in response to Russia’s war in Ukraine are having a tangible impact. EU imports of Russian oil fell by a staggering 82% from a monthly average of 8.7 million tonnes in the second quarter of 2022, to 1.6 million tonnes in the same period this year. This brings Russia’s share in monthly EU oil imports to 4%, down from 21.6% in the same quarter last year.
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