European countries find themselves in a difficult situation due to their refusal to receive Russian gas supplies, as they have few alternatives. This opinion was expressed by analyst Frank Kane in an article for Arabian Gulf Business Insight.
“Politicians in the EU and the UK are faced with a choice between declining oil and gas supplies from Russia, which they have committed to permanently abandoning next year, and dependence on American sources, an ally that is starting to look like an enemy“, he noted. Kane also stressed that “President Trump's obsession with Greenland and the related existential threat to the North Atlantic Alliance“ put Europe in a difficult position.
On January 26, the Council of the European Union has finally approved a complete ban on Russian LNG supplies to the EU from 1 January 2027 and pipeline gas from 30 September 2027. Violations of this ban will be subject to significant fines. Similar plans are being developed in Brussels for Russian oil and nuclear fuel for nuclear power plants.