T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand
Green Car Congress
JULY 31, 2023
Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. At the global level, oil production and exports surged by 5% between 2021 and 2022, with 65% of the increased exports directed to the EU market.
Let's personalize your content