After a month of wrestling because it was opposed byสล็อตsome members of the country. Last week, the European Union (EU) finally reached an agreement to suspend oil imports from Russia. to punish the invasion of Ukraine And most importantly, it cuts down on Russia's important revenues that are used for war. Because if the EU continues to rely on Russian oil. It is like sending money to fill the pockets for the endless Russian invasion of Ukraine.
This deal It is the sixth EU sanctions measure since Russia invaded Ukraine. But the delivery of the measures was delayed. because member nations such as Hungary oppose Claiming that a ban on oil imports from Russia would seriously damage the Hungarian economy. because currently relying mostly on oil from Russia
In the end, the deal came out as a compromise. With the exception of Hungary, it is still possible to temporarily import Russian oil through the Druzba Pipeline until an alternative source can be found. Ban up to 90% of Russian oil imports by the end of this year
Since the Russian invasion of Ukraine And European nations have begun to reduce their purchases of Russian oil and the United States has completely banned Russian oil. Affects the direction of oil flow from Russia to the world market. Data from analysts such as Matt Smith of Kpler, a leading commodities data and analysis company, shows that
Retaliation from Europe and America negatively affecting Russian oil exports. The latest data for May 2022 show that Russian crude oil transported by ships has surged by nearly 80 million barrels as it preceded the invasion of Ukraine. Shipments are less than 30 million barrels.
“The reason for the increase in shipping is because Russia has to find more distant markets such as China and India. different from the period before the invasion of Ukraine Where Russia sells mostly to nearby Northwest European countries, Russian oil is now headed to India and China more than ever.”