According to the estimates of the European Commission, the embargo will affect a quarter of all Russian coal exports worth 8 billion euros per year.
EZ replaces Russian supplies of coal from North America, Australia, Columbia, the Republic of South Africa and Kazakhstan.
After the European Union announced a ban on Russian coal supplies, Moscow redirected export flows, in particular, to India and Turkey.
At the same time, Russia has to sell coal at a discount of up to 50 percent.
This, to a large extent, is compensated by the global increase in fuel prices.
By the end of the year, European countries plan to partially abandon supplies of Russian oil.
An exception is provided for the import of crude oil by pipeline.
The US banned the import of gas, oil and coal from Russia in early March.