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The value of European Union petroleum oil imports increased sharply in the second quarter of 2026, while the volume of oil imported by the bloc remained broadly stable, according to Eurostat data. The value of EU petroleum oil imports increased by 55.8% in the second quarter of 2026 compared with the monthly average recorded in 2025. At the same time, import volumes reached 36.7 million tonnes, representing an increase of 1.2% against the 2025 monthly average. The figures ind