Politico pointed out the low probability of the EU abandoning Russia's raw materials due to Trump's pressure

Pressure from US President Donald Trump is unlikely to lead to the fact that the European Union (EU) countries will completely abandon Russian raw materials before 2027. This was reported by the Politico newspaper on September 15, citing sources.

"EU member states need time to adjust and find an alternative source," one EU diplomat told the newspaper.

According to Politico, Trump's demands are an additional lever to push Hungary and Slovakia to reduce their dependence on Moscow, but they are unlikely to lead to immediate changes. In addition, difficulties arise with Turkey, which refused to sign Western restrictions on trade with Russia, while the country continues to make money by re-exporting Russian oil to Europe and other regions, the newspaper notes.

The European Commission (EC) continues to work on ending purchases of Russian energy resources as part of the REPowerEU plan. So, in July, a bill was proposed that obliges EU countries to stop importing Russian gas by 2027. However, as the sources noted, the EU needs time to adjust and find alternative sources, the interlocutors summarize Politico.

Green is off: payments for Russian oil in dollars have dropped to 5%

In general, the currencies of friendly countries and the ruble account for more than 90% of payments for raw materials and fuel.

Earlier in the day, Hungarian Minister for European Union Affairs Janos Boca said Hungary would not abandon Russian oil supplies due to the lack of alternatives. He also explained that Budapest is discussing the oil supply situation directly with Washington. The minister expressed the opinion that the United States understands the "special situation" of Hungary and Slovakia, where in some aspects the American partners show more understanding than the European ones.

Earlier in the day, Japanese Finance Minister Katsunobu Kato rejected Washington's proposal to impose increased duties on Russian oil imports for China and India. According to him, such a measure contradicts the country's obligations under the World Trade Organization (WTO).

Prior to that, on September 13, Trump announced his readiness to impose sanctions against Russia only after all NATO states abandon purchases of Russian oil. In addition, the American leader called for the introduction of 50-100 percent trade duties against China. Their removal is expected after the end of the Ukrainian crisis.

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