New Bids On Russian Oil Contracts Will Not Be Happening As The East and West Can Buy Oil From Saudis and Canadians Instead For Better Value

Russian oil as well as being tainted in market value due to obvious factors, production and distribution isn’t what it was.

Nor quality. Most in Europe are urged to look elsewhere:

https://tvpworld.com/68402390/ec-official-urges-member-states-to-boycott-russian-lng-providers

That said, most didn’t need to be urged to.

Countries in Europe have found new suppliers everywhere.

Not least the two biggest and best producers of oil on Earth, Saudi Arabia and Canada.

Makes better business sense too for countries to get better value for their people to deal with the Saudis and Canadians instead.