EU President von der Leyen proposed boosting U.S. LNG imports to lessen reliance on Russian energy.

European Commission President Ursula von der Leyen proposed increasing imports of U.S. liquefied natural gas (LNG) to reduce the EU's dependence on Russian energy. This shift is seen as a way to lower energy prices and address potential tariffs from President-elect Donald Trump. While the EU has been increasing purchases of American LNG, it has not completely severed ties with Russia. Negotiations on trade policies will be prioritized under Trump's administration.

November 08, 2024
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