Analytical Reviews

Bekommen Sie die neuesten wirtschaftlichen Nachrichten von ForexMart, einschließlich Updates aus Finanzmarkt, Zentralbankpolitiksankündigungen, finanzielle Indikatoren und andere relevante Nachrichten, die die Branche beeinflussen können.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

EU bans Czech Republic from importing Russian oil


July, 18 2025
watermark Economic news

The EU has revoked the permit previously granted to the Czech Republic for the purchase of Russian oil, which became part of the new, 18th package of sanctions against the Russian Federation. As a result of this decision, the Czech Republic lost the opportunity to import oil from Russia via the Druzhba pipeline. Information about this change was confirmed in the official statement of the Council of the EU.


The measures taken on Friday finally lifted the exception that allowed the Czech Republic to circumvent some restrictions on supplies. The council's published communique stresses that the decision was taken as part of a further tightening of anti-Russian sanctions. «The Council decided to lift the exception for oil supplies from Russia to the Czech Republic,» the document says.


Meanwhile, the Czech Republic has already begun to reduce oil imports. In 2024, as reported by the National Statistical Office (CZSO) through the Ministry of Industry and Trade, the total volume of oil imports fell by 12% compared to 2023, amounting to 6.5 million tons. 


Of this volume, 2.7 million tons, which is 42%, still came from Russia, although this figure was 1.6 times lower than a year earlier. Despite a noticeable decrease in the share, Russia continues to be the largest supplier of oil to the Czech Republic.



    






hinterlassen

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at First Floor, SVG Teachers Co-operative Credit Union Limited Uptown Building, Corner of James and Middle Street, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2025 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.