As the Russian invasion of Ukraine enters its third year, tens of thousands of Ukrainians have been killed by Russia's brutality. One-fourth of Ukraine's total population remains displaced, and several Ukrainian cities and villages have been destroyed. Meanwhile, Russia has had over 400,000 casualties. The Russians have also lost tens of billions of dollars in military equipment. Despite this death and destruction, Russia's war continues without an apparent end.
is purchasing oil that includes Russian crude. The European Union also purchased 35 million barrels of refined fuel in 2023. It is estimated that the Russian Federation made over 1 billion euros from these EU purchases.These developments are undermining sanctions. Profits from the energy market will allow Russia to continue financing its ongoing war in Ukraine.