Close Menu
The Politic ReviewThe Politic Review
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Trending

Trump hints at Khamenei assassination

June 18, 2025

WOW! The Liberal NY Times Slams Socialist NYC Mayoral Candidate, Telling Readers He’s Too Far Left Even for Them

June 18, 2025

Jake Paul vs. Chavez Jr. Fight Card, Date and Details

June 18, 2025
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
Wednesday, June 18
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
The Politic ReviewThe Politic Review
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Home»Business»EU bosses back total Russian gas ban
Business

EU bosses back total Russian gas ban

Press RoomBy Press RoomJune 17, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram

Brussels has pledged to stop importing fuel from Russia by 2028, despite growing backlash from some member states

The European Commission has proposed phasing out all remaining Russian gas imports to the EU by the end of 2027.

Energy Commissioner Dan Jorgensen unveiled the plan which would ban new gas contracts with Russia from 2026 and “full phaseout” a year later, on Tuesday, after it was approved by European Commission President Ursula von der Leyen.

The controversial legislation, which is opposed by Hungry, Austria and Slovakia, and reportedly by Italy, is expected to be proposed as trade law that does not require unanimity among bloc members to become law, the Financial Times has reported.

Hungarian Foreign Minister Peter Szijjarto called the plan “absolute insanity,” warning it could fuel price hikes and undermine national sovereignty. Prime Minister Viktor Orban has vowed to block the move.

”Today, we have decided to close the tap on Russian gas,” Jorgensen said in Strasbourg, “because the less energy we import from Russia, the more security and independence we will have in Europe.”

Jorgensen told reporters the phaseout was not linked to the Ukraine conflict but rather because “Russia has weaponized energy” against the EU. He added: “Irrespectively of whether there is a peace or not … this ban will still stand.”


The proposed regulation will now move through the EU’s co-decision legislative process, requiring approval from both the European Parliament and the Council. Unlike sanctions, the proposal would not need unanimous backing from all member states – only a qualified majority in the Council, the Commission said, noting it would continue “working closely” with governments most affected by the planned phaseout.

A reinforced majority means having the support of at least 15 of the EU’s 27 member countries, representing at least 65% of the EU’s population, according to Reuters.

“Nobody will be able to veto [the proposal],” Jorgensen said, as quoted by media outlets. He warned that those who do not implement the measures would face “legal consequences as for any other EU legislation.”

While pipeline flows have dropped sharply since 2022, EU imports of Russian LNG have soared. Russia supplied 17.5% of the bloc’s LNG in 2024, trailing only the US at 45.3%, according to industry data. France, Spain, and Belgium accounted for 85% of the EU’s LNG imports from the sanctioned country, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

Russia maintains that it is still a reliable supplier, while denouncing Western sanctions and trade restrictions targeting its exports as illegal under international law. The country has successfully shifted exports to ‘friendly’ markets, it added.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

Related Articles

Business

Jake Paul vs. Chavez Jr. Fight Card, Date and Details

June 18, 2025
Business

AI Supremacy Requires Reliable Electricity

June 18, 2025
Business

Oil prices continue to rise over escalating Israel-Iran conflict

June 18, 2025
Business

Chicago Fire Soccer Stadium Design Revealed

June 18, 2025
Business

Today’s ‘Wordle’ #1459 Hints, Clues And Answer For Tuesday, June 17th

June 17, 2025
Business

Avoid Drafting These 3 Players in 2025 Fantasy Football

June 17, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

WOW! The Liberal NY Times Slams Socialist NYC Mayoral Candidate, Telling Readers He’s Too Far Left Even for Them

June 18, 2025

Jake Paul vs. Chavez Jr. Fight Card, Date and Details

June 18, 2025

U.S. Embassy Branch in Tel Aviv Damaged by Iranian Missile Shockwave

June 18, 2025

Sen. Hawley: Trump ‘Didn’t Know’ About Medicaid Rule Harming Rural Hospitals, Opposes Cuts

June 18, 2025
Latest News

Trump Administration Starts Deportation Proceedings Against More than 26,000 Migrants

June 18, 2025

EU state pledges cash to Moldova to counter ‘Russian threats’

June 18, 2025

Kash Patel EXPOSES China’s 2020 FAKE Mail-In Ballots Scheme to BLOCK Trump! | Elijah Schaffer’s Top 5 (VIDEO)

June 18, 2025

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

Trump hints at Khamenei assassination

June 18, 2025

WOW! The Liberal NY Times Slams Socialist NYC Mayoral Candidate, Telling Readers He’s Too Far Left Even for Them

June 18, 2025

Jake Paul vs. Chavez Jr. Fight Card, Date and Details

June 18, 2025

Subscribe to Updates

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

© 2025 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.