Bulgaria Ceases Russian Oil Imports: Parliament's Decision Marks End of Derogation

Effective March 1, Bulgaria has officially halted the use and importation of Russian oil for fuel production, following a decision by the Parliament to drop the derogation.

Initially slated to remain in effect until the end of the year, lawmakers opted to significantly shorten the timeline to avoid indirectly financing Russia amidst ongoing geopolitical tensions. Additionally, starting from January 1, the export of processed products derived from Russian oil was also ceased....