The War in Ukraine Disrupts Trade in Both Food and Fuel
Cars That Think
AUGUST 29, 2022
Before the war, Russia exported about 55 percent of its fossil-fuel output, mostly to the European Union. Since the start of the war, soaring energy prices have lifted this import bill to about $23 billion a month, making the EU a significant de facto financier of the Russian invasion: three-quarters of a billion a day!
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