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.