Interested in this kind of news?
Receive them directly in your email box. Delivered once a week.
Around a third of the oil used in Europe is bought from Russia and this is forecast to rise in the next decade. Around 70% of Russia’s oil production is sold in Europe. Each time we fill our tanks, we are sending about €7 to Russia. This analysis details how rising oil demand in Europe has funded increases in Russian military expenditure over the last decade.