Russia’s Crude Exports Lose Momentum After Baltic Flows Targeted

Russia's crude oil exports have experienced a slowdown in recent weeks, primarily driven by a decline in shipments from the Baltic region. According to the data, weekly oil exports from Russia have dropped, with the Baltic region being the main contributor to this decline. The reduction in Baltic crude flows can be attributed to the sanctions imposed by the European Union, which have targeted Russia's ability to export its oil through this region. The EU's measures have aimed to limit Russia's revenue from energy exports, a crucial source of funding for its ongoing military operation in Ukraine. While the article does not provide specific figures, it suggests that the decline in Russian crude exports has been significant enough to impact the overall weekly export levels. This development underscores the ongoing efforts by the international community to apply economic pressure on Russia and limit its ability to finance its military activities.