Germany paid Russia more than $12.5 billion for fossil fuels over the first 100 days of the Ukraine war, analysis finds

During the first 100 days of the Ukraine invasion, Germany paid Russia more than $12 billion for fossil fuels.

According to an analysis by the Centre for Research on Energy and Clean Air, Russia earned over $100 billion from fossil fuel exports from February 24 to June 3.

According to the analysis, Germany was Moscow's biggest client for the time period.

China was found to be the largest importer of fossil fuels from Russia. The analysis shows that Germany has cut Russia's oil and gas imports by 25% and 31%.

The country's economy minister said in a March 25 press release that Germany would stop buying Russian fuel by the end of the century.

Italy and the Netherlands paid Russia and Turkey around $8 billion and $7 billion, respectively, for fossil fuels.

According to the analysis, since the beginning of the Ukrainian war, Russia has supplied the European Union with 85% of gas, 75% of natural gas and 50% of crude oil. The EU has spent over $60 billion on Russia's fossil fuel exports.

The EU has not imposed sanctions on Russian fossil fuel imports. At the end of May, European Union leaders agreed to cut oil imports from Russia by the end of the year. The US banned Russian energy imports.

The West will not be able to cut off Russian energy resources over the next few years according to Putin.