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Europe: Show you’re serious about Ukraine by tightening sanctions on Russia

Fortune LogoFortune15h ago

Europe: Show you’re serious about Ukraine by tightening sanctions on Russia - Fortune

Quick Summary:

The EU bolsters Putin’s war machine by buying Russian energy, minerals, and metals, even as Russia's economy appears to falter.

The Centre for Research on Energy and Clean Air (CREA) reported on April 10 that EU fossil fuel imports from Russia in 2024 totaled $24 billion, a huge boon to Putin’s war effort.This reliance must stop.

Although Germany ostensibly bans imports of Russian LNG, its national energy company in 2024 bought 58 cargoes of gas through the French port at Dunkirk alone—a sixfold increase over the prior year.


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Article Details

Author / Journalist: Matthew Boyse, James K. Glassman

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 15:29:48 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 852 words

Reading Time: 5 minutes read

Sentences: 6 lines

Sentence Length: 142 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28174368

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Official Website: fortune.com

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News Last Updated: 10 hours ago

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