Russian Oil Exports to EU Collapse to Multi-Month Low in February 2026

Imports of Russian oil into the European Union declined sharply in February 2026, reflecting a broader trend of decreasing reliance on Russian energy supplies across the bloc. Imports Fall to Multi-Month Low According to data from Eurostat, EU countries purchased Russian crude worth €181.5 million during the month. This represents a threefold decline compared to previous levels and marks the lowest figure since November 2025. Compared with January 2026, the value of imports fell by nearly 19 percent. On a year-on-year basis, the drop was even more pronounced, with February figures down 3.2 times compared to the same period in 2025.