Europe Is Buying All The Russian Oil It Can Before Banning It

Three months from now, an EU-wide embargo on Russian crude oil imports will kick in, shutting off almost all shipments of the commodity from Russia to Europe. But right now, Europe is importing over 1 million barrels of Russian crude daily and has been doing so for the last month. Someone is stocking up before the taps turn dry.

While they publicly condemn Russia for its actions in Ukraine and equally publicly assure their constituents that sanctions are working, European (and other) pol...

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