A group of experts at Bruegel

The EU appears to be willing to bear the brunt of its decision, mindful of how the continued purchase of Russian fossil fuels is denting the impact of the previous rafts of sanctions. Although the bloc has targeted almost all imaginable sectors of the Russian economy, from the Central Bank to microchips and vodka, the aggression shows no signs of abating. Ukraine has for weeks been calling on the 27 to boycott Russian oil, arguing the taxes the government receives from the exports are financing the military campaign. “Oil is so important for us because of its direct impact on the Russian ability to continue and increase aggression against Ukraine,” Taras Kachka, Ukraine’s trade representative, told Euronews last month.