war in Ukraine. The ban is to take effect in December 2022. Furthermore, EU countries prohibited Russian petroleum product imports from February 2023.
During the week ending June 10, 2022, the largest volume of Russia's seaborne crude oil export shipments went to Asian countries, at 1.88 million barrels daily. The shipments from Russian ports to European destinations steadily decreased in the second half of March and the first half of April 2022. In June 2022, the European Union (EU) imposed a ban on seaborne crude oil imports from Russia over the Volume of seaborne crude oil shipments from ports from Russia from January 22 to June 10, 2022, by global region (in million barrels per day)
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Bloomberg. (June 13, 2022). Volume of seaborne crude oil shipments from ports from Russia from January 22 to June 10, 2022, by global region (in million barrels per day) [Graph]. In Statista. Retrieved June 17, 2024, from https://www.statista.com/statistics/1314715/russia-seaborne-crude-oil-flow-by-region/
Bloomberg. "Volume of seaborne crude oil shipments from ports from Russia from January 22 to June 10, 2022, by global region (in million barrels per day)." Chart. June 13, 2022. Statista. Accessed June 17, 2024. https://www.statista.com/statistics/1314715/russia-seaborne-crude-oil-flow-by-region/
Bloomberg. (2022). Volume of seaborne crude oil shipments from ports from Russia from January 22 to June 10, 2022, by global region (in million barrels per day). Statista. Statista Inc.. Accessed: June 17, 2024. https://www.statista.com/statistics/1314715/russia-seaborne-crude-oil-flow-by-region/
Bloomberg. "Volume of Seaborne Crude Oil Shipments from Ports from Russia from January 22 to June 10, 2022, by Global Region (in Million Barrels per Day)." Statista, Statista Inc., 13 Jun 2022, https://www.statista.com/statistics/1314715/russia-seaborne-crude-oil-flow-by-region/
Bloomberg, Volume of seaborne crude oil shipments from ports from Russia from January 22 to June 10, 2022, by global region (in million barrels per day) Statista, https://www.statista.com/statistics/1314715/russia-seaborne-crude-oil-flow-by-region/ (last visited June 17, 2024)
Volume of seaborne crude oil shipments from ports from Russia from January 22 to June 10, 2022, by global region (in million barrels per day) [Graph], Bloomberg, June 13, 2022. [Online]. Available: https://www.statista.com/statistics/1314715/russia-seaborne-crude-oil-flow-by-region/