Close Menu
The Politic ReviewThe Politic Review
  • News
  • U.S.
  • World
  • Politics
  • Congress
  • Business
  • Economy
  • Money
  • Tech
  • More Articles
Trending

PURE GOLD! Trump on Talarico: “He Ran a Campaign to BEAT MEAT… I Don’t Know What the Hell He Meant by That… He Started Eating Meat!” (VIDEO)

September 10, 2026

Yield Curve Control: How the Fed Will Quietly Confiscate Your Wealth

September 10, 2026

China Rants After Marco Rubio Questions Communist Regime Projects in Peru

September 10, 2026
Facebook X (Twitter) Instagram
  • Donald Trump
  • Kamala Harris
  • Elections 2024
  • Elon Musk
  • Israel War
  • Ukraine War
  • Policy
  • Immigration
Facebook X (Twitter) Instagram
The Politic ReviewThe Politic Review
Newsletter
Thursday, September 10
  • News
  • U.S.
  • World
  • Politics
  • Congress
  • Business
  • Economy
  • Money
  • Tech
  • More Articles
The Politic ReviewThe Politic Review
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Home»Business»EU agrees to halt Russian gas imports
Business

EU agrees to halt Russian gas imports

Press RoomBy Press RoomDecember 3, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram

The move comes despite opposition from member states that say the plan threatens their energy security

The European Commission and the European Parliament have agreed to phase out Russian gas imports by 2027, despite opposition from some EU member states that say the plan will result in higher energy costs.

According to a statement released on Wednesday, short-term contracts will end within six months, and all remaining pipeline and LNG supplies are to stop by the end of 2027. A ban on new gas transit deals with Russia takes effect on January 1, 2026, though existing agreements can continue. Pipeline imports under long-term contracts must end by September 30, 2027, with a possible short extension if storage levels require it. A suspension clause allows temporary pauses if sudden events threaten energy supplies.

“This is a good day for Europe and for our independence from Russian fossil fuels. This is how we make Europe resilient,” European Commission President Ursula von der Leyen told reporters on Wednesday.

Several EU states, including Hungary and Slovakia, have criticized the plan, saying it will raise prices and undermine energy security. Both countries refused to back the initiative and plan to challenge it legally, citing their landlocked geography and reliance on pipeline gas.

Hungarian Foreign Minister Peter Szijjarto said Budapest cannot accept or implement the EU decision to end Russian energy imports. He called the plan unworkable for Hungary and pledged to challenge it before the EU’s top court.


Kremlin spokesman Dmitry Peskov said the EU will become dependent “on gas that costs significantly more than Russian gas,” warning that higher energy costs will further weaken the competitiveness of EU economies and accelerate the erosion of their economic potential.

The EU has seen a surge in energy prices since it began phasing out Russian oil and gas following the escalation of the Ukraine conflict in February 2022. Supply disruptions have pushed up industrial costs. Moscow says Western nations are harming their own economies by opting for more expensive and less reliable alternatives.

You can share this story on social media:

Follow RT onRT
RT

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

Related Articles

Business

Oil tops $100 as Middle East conflict intensifies 

September 9, 2026
Business

Hunter Biden turns laptop scandal into memecoin

September 8, 2026
Business

Trouble brewing in global bond markets: What to know

September 4, 2026
Business

World’s biggest wealth fund eyes ditching $80 bn in US Treasuries

September 4, 2026
Business

Europe’s biggest carmaker to shed 100,000 jobs in historic overhaul

September 4, 2026
Business

Ukrainian attacks fueling global ‘energy shock’ – US Treasury secretary (VIDEO)

September 3, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Yield Curve Control: How the Fed Will Quietly Confiscate Your Wealth

September 10, 2026

China Rants After Marco Rubio Questions Communist Regime Projects in Peru

September 10, 2026

Alleged Intruder Dies After Homeowner Opens Fire

September 10, 2026

AI has over 10% chance of killing all humans within decade – Anthropic researcher

September 10, 2026
Latest News

Republican Senate Whip John Barrasso Rips DSA Democrats: ‘They Sound Like an Anti-American Hate Group’ (VIDEO)

September 10, 2026

Iran Blames ‘Zionist-American Kurdish Separatists’ for Murder of Sunni Cleric

September 10, 2026

Breitbart Business Digest: The Blue-Collar Boom Inside Anthropic’s AI Model

September 10, 2026

Subscribe to News

Get the latest politics news and updates directly to your inbox.

The Politic Review is your one-stop website for the latest politics news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram Pinterest YouTube
Latest Articles

PURE GOLD! Trump on Talarico: “He Ran a Campaign to BEAT MEAT… I Don’t Know What the Hell He Meant by That… He Started Eating Meat!” (VIDEO)

September 10, 2026

Yield Curve Control: How the Fed Will Quietly Confiscate Your Wealth

September 10, 2026

China Rants After Marco Rubio Questions Communist Regime Projects in Peru

September 10, 2026

Subscribe to Updates

Get the latest politics news and updates directly to your inbox.

© 2026 Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.