Ukraine War
Dail Éireann — 2026-03-24
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Shay Brennan (FF), Dublin Rathdown

The Middle East conflict is having wide-ranging repercussions. Two of these impact directly on Ukraine's ability to defend itself. The first is that Russia was selling Urals oil at approximately $40 dollar in the past few months, towards the end of last year. This price has obviously risen substantially since the outbreak of the conflict in the Middle East. There are two reasons behind this: the rise in global oil prices and the US sanctions waiver that is now allowing India to purchase Russian oil. It is estimated that Russia takes in about $370 million per day from oil. President Zelenskyy has said that this rise in oil prices and Russia's ability to now sell to India is worth approximately $10 billion to the Russian war effort in Ukraine. What discussions is the Taoiseach having at EU level on this matter?

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-03-24/debate/main
Retrieved: 2026-09-14T01:01:03+00:00
Sitting date: 2026-03-24