European oil receipts boosting Putin’s war chest by $285m a day, study finds

Thinktank says dependence on Russian oil underlines urgent need for clean energy

Vladimir Putin’s war in Ukraine is being bolstered by $285m (£217m) in oil payments made every day by European countries, new analysis by the Transport & Environment (T&E) thinktank has found.

Russia received $104bn from its crude, petrol and diesel exports to Europe last year, more than twice the $43bn it took from gas shipments, the study estimated.

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(SOURCE) https://www.theguardian.com/business/2022/mar/08/european-oil-receipts-boosting-putins-war-chest-study-finds

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