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In 2022, the European Union slapped the Kremlin with sanctions on all coal exports, impacting a quarter of all Russian coal exports worldwide in response to Russian President Vladimir Putin’s invasion of Ukraine. The United States has also tightened its own sanctions on Russian coal companies in recent years as part of a unified Western front…
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Sanctions Are Crushing Russia’s Coal Industry
In 2022, the European Union slapped the Kremlin with sanctions on all coal exports, impacting a quarter of all Russian coal exports worldwide in response to Russian President Vladimir Putin’s invasion of Ukraine. The United States has also tightened its own sanctions on Russian coal companies in recent years as part of a unified Western