The EU has been debating a potential sixth round of sanctions against Russia invading Ukraine. However, an embargo on oil and/or gas to stop financing Putin’s war machine remains uncertain. The European Union has paid €35 billion for Russian energy since the start of the war, according to EU Foreign Affairs Representative Joseph Borrell. During 2021, the EU imported ~40% of its gas and ~25% of its oil from Russia. The EU has banned Russian coal. AutoInformed thinks it’s only a question of when it bans oil.