Europe

Duna Oil Refinery in Szazhalombatta, Hungary, on May 24, 2022.
Europe

How Europe plans to phase out Russian oil and gas, explained

by Toby Woodall

In the coming weeks, the EU will decide whether to phase out its remaining Russian fossil fuel imports by early 2027 — or give itself another year. Whichever deadline it sets, the bloc will face a difficult path to get there. It will have to overcome resistance from some capitals and secure new sources to replace the billion euros' worth of Russian oil and gas still flowing to the EU each month. The EU has made substantial progress in reducing its long-standing reliance on Russian energy since

News Feed

News Feed