Tuesday, March 4, 2025

Supply Lines

Europe did plenty of trading with the enemy:
The center determined that in the third year of the war between Russia and Ukraine, the EU spent approximately $23 billion on Russian fossil fuels; by comparison, they spent only about $19.6 billion on military and financial aid to Ukraine. Russia’s energy dominance also went beyond the continent of Europe. In 2024, China purchased at least $82 billion worth of Russian energy, while India spent $51 billion and Turkey spent $36 billion. All together, Russia made $254 billion on energy exports. In addition to direct sales to Western nations, Russia also profits from selling oil to third parties which then sell the Russian oil to Western states. Overall, Russia’s oil exports have decreased by just 8% since the start of the war in 2022, despite overwhelming condemnation and sanctions from most Western nations. Since the war began in February of 2022, Russia has made nearly $1 trillion in oil exports alone.
War was good for business...

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