EU fears economic turmoil as reliance on US energy escalates
EU fears economic turmoil as reliance on US energy escalates
- Since 2022, the EU has been shifting from Russian gas to relying more on American LNG.
- Macron warns that this shift has put the EU in 'emergency mode' due to rising energy costs.
- The EU must stop all Russian energy imports by the end of 2027, heightening fears of supply shortages.
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