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war, driven by high raw material prices. Most of the EU's import restrictions on Russian goods have transition periods, so their impact on Russian exports has been limited so far. For example, the crude oil import ban will only come into force in December and the oil refined import ban in February 2023. The EU's crude oil imports from Russia have decreased in recent months from the pre-war level, but especially China and India have increased their oil imports from Russia.
65 RUSSIA Country Report October 2022 www.intellinews.com