The EU will spend more to purchase Russian raw materials and energy resources than on military aid to Ukraine. Despite the current 17 EU sanctions packages, in 2025 Russia is projected to receive about $233B from the export of raw materials and energy resources and more than $20B from EU countries alone. ̶... #circumventionOfSanctions #Lithuania #RussianAmmonia #RussianEconomy #RussianEnergyResources #RussianLNG #RussianTrade #RussianUranium
The US is considering a ban on Russian uranium but has temporarily allowed settlements in the energy sector with Russian banks. The Biden administration is considering banning the import of enriched uranium from Russia. Bloomberg writes that negotiations are ongoing, but no decisions have been made yet. Data from the US Depart... #G7 #RussianEnergyResources #RussianTrade #RussianUranium #SanctionsAgainstRussia
The EU depends not only on Russian oil and gas but also on uranium. Russia earns €450M annually in Europe from selling uranium and fuel elements for nuclear power plants. This dependence is a land mine for many countries because uranium could become Putin’s next... #EUimportUranium #Rosatom #RussianUranium