EU Proposes EUR 2 Billion to End Ties with Russia's Oil Export Pipeline, Druzhba
The EU on Wednesday, May 18 announced plans to invest EUR 2 billion to end its long-term Russia crude oil import dependence through the Druzhba pipeline. This latest move is part of the bloc's plan to reduce its reliance on Moscow's energy following the Russian ongoing invasion of Ukraine since February 24, 2022.