EU oil sanctions are being sidestepped as India and Turkey import Russian crude, refine it, and sell the fuels back to Europe at a markup. Simultaneously, Europe has increased purchases of Russian LNG while paying more to replace lost pipeline gas with US cargoes. The net effect is higher EU energy costs with limited impact on Russian revenues.
— This challenges embargo‑centric sanctions by showing how trade reroutes through third countries, implying enforcement must target refining and transshipment or risk self‑harm.
Thomas Fazi
2025.09.23
100% relevant
The article cites 2.4 million tonnes of petroleum products imported from India in H1 2025 (≈two‑thirds from Russian crude) costing ≈€1.5 billion, and notes EU buys of Russian LNG alongside US LNG.
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