Germany largest importer of Russian fuels since the start of Ukraine war: Report

Russia invaded Ukraine on February 24 & as per the report Russia has earned about $66.5 billion from fossil fuels export since then.

On Thursday, April 28, an independent research group claimed that Germany was the biggest buyer of Russian oil & gas since the start of the Ukraine war, as reported by the news agency AP.

Russia invaded Ukraine on February 24 & as per the report Russia has earned about $66.5 billion from fossil fuels export since then. In which the share of Germany accounted for €9.1 billion. The data was collected through real-time tracking of ships & monthly records.

In times when the Western & European countries have united to punish Russia for invading Ukraine, reliance on Russian fuel can be troublesome for Germany. The government of Germany has not released any data related to the export of fuels.

The Chancellor of Germany, Olaf Scholz has always supported the idea of energy cooperation with Russia. He is also trying to mediate between Moscow & Kyiv and is also in close contact with Russian President Vladimir Putin.

Italy was the second biggest importer of Russian fuels at €6.9 billion followed by China at €6.7 billion. The whole of Europe accounts for 71% of Russia’s income from fossil fuel exports.

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