Tuesday, December 31, 2024

EU plays gas football with global suppliers

 

Europe is facing a critical energy crisis as Ukraine’s decision to end its gas transit agreement with Russia threatens to sever one of the continent’s last remaining sources of Russian natural gas.

Adding to the complexity, Qatar warns it will halt gas exports to the EU if penalized under the bloc’s new sustainability law.

President-elect Donald Trump threatens tariffs unless the EU increases its purchases of U.S. oil and gas. 

With growing pressures from Russia, Qatar, and the U.S., the EU's energy security and geopolitical stability are at a crossroads. 

Much much input do the citizens living within the EU structure get to have about these major decisions?

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