So you want Europe to keep funding Russia’s war effort and not hit them where it really hurts?
This whole Ukraine support thing appears to be one of the biggest scams ever. Western Europe makes a big show of supporting them and condemning Russia and rattling sabers but just keeps right on quietly buying a bulk of their oil and gas from their nemesis.
AI Overview
Sanctions imposed after the 2022 invasion of Ukraine have drastically reduced European imports of Russian oil, although some exceptions and workarounds persist. The European Union (EU) has largely replaced Russian oil with supplies from the US, Norway, and other global producers while continuing efforts to fully phase out Russian energy imports.
Decline in EU imports of Russian oil
Near-total reduction: The EU has almost eliminated its import of Russian crude oil and petroleum products since the invasion of Ukraine. The share of petroleum oil imports from Russia dropped from 29% in the first quarter of 2021 to just 2% in the second quarter of 2025.
Limited exceptions: Landlocked countries, particularly Hungary and Slovakia, were granted temporary exemptions from the ban on seaborne imports. They continue to receive Russian oil via the Druzhba pipeline, though the EU is considering measures to phase out these remaining supplies.
EU phase-out plan: In 2025, the European Commission proposed a regulation to fully phase out Russian oil and gas imports by the end of 2027. This plan includes ending new gas and oil contracts in 2026 and stopping all imports under existing long-term contracts by 2027.
Shifts in Europe's energy market
New suppliers: Europe has diversified its oil sources, with the US becoming the bloc's largest supplier by the end of 2022. Other countries, including Norway, Saudi Arabia, Brazil, Iraq, and Angola, have also significantly increased their exports to Europe.
LNG imports continue: While pipeline gas from Russia has dropped substantially, the EU has continued to import Russian liquefied natural gas (LNG), though recent sanctions packages seek to end these imports as well.
Third-country refining: A significant workaround has emerged where third countries, such as India and Turkey, import discounted Russian crude, refine it, and then export the finished petroleum products to Europe. In response, the EU has adopted new measures to ban imports of refined products made from Russian crude.
Impact on Russia's oil exports
Budgetary constraints: The sanctions have reduced Russia's fossil fuel export revenues, impacting its ability to fund its war efforts.
Market redirection: Russia has sought new buyers for its oil, particularly in China and India, but often at a significant discount.
"Shadow fleet" usage: In August 2025, over half of Russia's crude oil exports were transported by a "shadow fleet" of older tankers to circumvent the G7 price cap. A quarter of these were on sanctioned tankers, raising environmental concerns.
Price cap changes: The EU's 18th sanctions package in July 2025 lowered the price cap on Russian seaborne crude to $47.60 per barrel. Stricter enforcement of the cap is projected to further cut Russia's revenues.
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