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	<title>European economy - Magazin Haber Ajansı</title>
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		<title>Explained: Just how dependent is the EU on Russian oil?</title>
		<link>https://magazinhaberajansi.com/explained-just-how-dependent-is-the-eu-on-russian-oil/</link>
					<comments>https://magazinhaberajansi.com/explained-just-how-dependent-is-the-eu-on-russian-oil/#respond</comments>
		
		<dc:creator><![CDATA[Magazin Haber Ajansı]]></dc:creator>
		<pubDate>Tue, 03 May 2022 20:33:46 +0000</pubDate>
				<category><![CDATA[Genel]]></category>
		<category><![CDATA[ENERGY]]></category>
		<category><![CDATA[EU-Russia]]></category>
		<category><![CDATA[European economy]]></category>
		<category><![CDATA[Oil]]></category>
		<category><![CDATA[Russia-Ukraine invasion]]></category>
		<category><![CDATA[Sanctions]]></category>
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					<description><![CDATA[<p>The war in Ukraine has exposed the European Union&#8217;s entrenched dependency on Russian oil, one of Moscow&#8217;s most profitable exports. The EU is Russia&#8217;s top oil client, buying around 2.2 million barrels of crude, together with 1.2 million barrels of refined products, on a daily basis.  This consumption pattern has put the bloc in an [&#8230;]</p>
<p>The post <a href="https://magazinhaberajansi.com/explained-just-how-dependent-is-the-eu-on-russian-oil/">Explained: Just how dependent is the EU on Russian oil?</a> first appeared on <a href="https://magazinhaberajansi.com">Magazin Haber Ajansı</a>.</p>]]></description>
										<content:encoded><![CDATA[<p>The war in Ukraine has exposed the European Union&#8217;s entrenched dependency on Russian oil, one of Moscow&#8217;s most profitable exports.</p>
<p>The EU is Russia&#8217;s top oil client, <strong>buying</strong> around 2.2 million barrels of crude, together with 1.2 million barrels of refined products, on a daily basis. </p>
<p>This consumption pattern has put the bloc in an extremely awkward position as the Kremlin continues its military aggression in Ukraine while it profits from sky-high energy prices. </p>
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<p>Since the onset of the conflict on 24 February, the EU&#8217;s 27 member states have spent more than €20 billion on Russian oil, according to a <strong>tracking tool</strong> set up by the Centre for Research on Energy and Clean Air (CREA), an independent research organisation.</p>
<p>Could the bloc wean itself off its dark addiction?</p>
<p><strong>Watch the video above to learn more about the EU&#8217;s dependency on Russian oil.</strong></p><p>The post <a href="https://magazinhaberajansi.com/explained-just-how-dependent-is-the-eu-on-russian-oil/">Explained: Just how dependent is the EU on Russian oil?</a> first appeared on <a href="https://magazinhaberajansi.com">Magazin Haber Ajansı</a>.</p>]]></content:encoded>
					
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