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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe EU's 3 biggest shipping countries have doubled Russian oil shipments since the invasion of Ukrai
Ukraine, and it's undermining attempts to hurt PutinShipping companies in the European Union's three largest maritime nations of Greece, Cyprus, and Malta have doubled the quantity of Russian oil they transport since the invasion of Ukraine on February 24, The Independent reported on Monday.
Shipping companies and vessels linked to the three countries moved an average of 58 million barrels of Russian oil a day in May, the UK media outlet reported, citing an analysis from Global Witness, a non-government organization. That's almost double the 31 million barrels a day they collectively transported in February. The three countries have the largest shipping fleet in the EU, according to Reuters.
The jump in the transportation of Russian crude came on the back of a tripling in oil tanker freight rates since the invasion of Ukraine on February 24 and it's undermining EU sanctions against Russia.
"Ships linked to Greece, Cyprus and Malta are making a mockery of the EU effort to sanction Putin's war machine, keeping cash flowing to Russia as the country's armed forces continue to pummel Ukraine," Louis Goddard, a senior data investigations adviser at Global Witness, told The Independent.
https://www.msn.com/en-us/news/world/the-eus-3-biggest-shipping-countries-have-doubled-russian-oil-shipments-since-the-invasion-of-ukraine-and-its-undermining-attempts-to-hurt-putin/ar-AAYa5I7
Just A Box Of Rain
(5,104 posts)even if we have to make accommodations with odious governments in places like Saudi Arabia and Venezuela.
inwiththenew
(972 posts)Including one who sawed up a journalist who lived here in the United States because of our dependency on fossil fuels. If that is not an impetus to do something about our reliance on fossil fuels I don't know what is.
Just A Box Of Rain
(5,104 posts)and our allies in Europe (and around the free world) to make serious progress toward cleaner energy. Hopefully that message is crystal clear.
In the immediate term we need to sharply reduce the flow of revenue into Putin's death machine.
In the medium-to-long term is will be a strategic imperative to move away from fossil fuels. Both to undercut autocratic dictatorships and to save the health of the planet.
Calculating
(2,955 posts)The climate change stuff can wait, the world has big problems right now and needs a good alternative to Russian energy.
roamer65
(36,745 posts)1. It will reduce pressure on the limited supply.
and the biggest reason
2. It will start to control CO2 emissions.
If you are rationed, you will try to squeeze every mile from every drop and that is a good thing.