This staggering total came despite a significant fall in export volumes in May as the international community tried to reduce dependency on Moscow’s oil and gas.
According to a report by the Centre for Research on Energy and Clean Air (CREA), the EU received 61% of Russia’s fossil fuel exports.
And even as Russian oil is being sold at a discount because of its origin, a global increase in demand for fossil fuel and soaring energy prices have still been lucrative for President Vladimir Putin’s regime, helping to finance his invasion of Ukraine.
