Russia remains an important supplier of energy resources to Europe. Despite losing its position in the European market, Russia accounted for 15% of gas imports into the EU in 2023, Bloomberg reports. According to the source, by the end of 2023, imports of Russian fossil fuels into the European Union amounted to about $1 billion per month. This is significantly lower than the peak value of $16 billion per month at the beginning of 2022. According to the European Commission, Russia accounted for 15% of the total gas imports into the EU in 2023, trailing Norway and the US at 30% and 19%, respecti…
