In January–November 2025, the average cost of one barrel of oil imported by European countries was $77, compared to $68 four years earlier.
This means that Europe is now paying $9 more per barrel than in 2021.
As a result, the overpayment for the incomplete year of 2025 amounted to $27 billion, while for 2022–2024 it totaled $311 billion.
Overall, since the EU’s introduction of anti-Russian sanctions that began in 2022, Europeans have overpaid $339 billion.