The EU has been trying to cut back on Russian oil, but it's still buying more of it than anyone else

The EU has imported $97 billion worth of Russian oil since the Ukraine war started, according to the Centre for Research on Energy and Clean Air.

Ying Tang/NurPhoto/Getty ImagsIt has imported over 100 billion euros worth of Russian fuel since the Ukraine war started.Despite a pledge to wean itself off Russian energy, the European Union remained the largest importer of Russian fossil fuels in September, according to a report from the Centre for Research on Energy and Clean Air, or CREA, released on October 4.

There are other countries taking over some of the EU's lost market share in Russia. The emerging markets of India, China, Turkey, and Malaysia have been snapping up Russian fuel, with imports rising significantly since the start of the Ukraine war, the CREA added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Most electric car buyers don't switch back to gasWhen it's time to buy a new car, most existing EV owners go for another electric
Read more »

Dapper Labs breaks down why it's suspending Russian accountsNFT company Dapper Labs has confirmed it's blocking crypto accounts with Russian ties, citing new EU sanctions on Russia.
Read more »

An Easy, Aromatic Stir Fry with Peppers and BasilThis easy, saucy vegetarian stir-fry with bell peppers, Thai basil, and plenty of ginger and garlic is perfect for using up leftover tofu or planning a last-second meal:
Read more »