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EU Spends More on Russian Energy Than Ukraine Aid, Reports Show

New data highlights a disparity between Europe's financial support for Ukraine and its ongoing reliance on Russian fossil fuels.

  • Reports reveal that European Union countries spent $23 billion on Russian fossil fuels in 2024, compared to $19.6 billion on aid to Ukraine.
  • The Center for Research on Energy and Clean Air (CREA) found that EU spending on Russian energy has decreased only slightly since the war began, with overall Russian oil exports dropping by just 8%.
  • Despite sanctions, Russia earned $254 billion from global energy exports in 2024, with major buyers including China, India, and Turkey.
  • European reliance on Russian energy persists due to lower costs and limited infrastructure for alternative energy sources, despite calls for tighter sanctions.
  • President Trump criticized the EU's spending priorities and announced ongoing discussions with Vladimir Putin to negotiate an end to the war.
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