Trump Threatens EU with Tariffs over Energy Imports
President-elect Donald Trump has issued a clear ultimatum to the European Union: boost imports of American oil and gas or face new tariffs. In a statement delivered on his social media platform, Trump emphasized the need for the EU to address its trade deficit with the U.S. by purchasing more U.S. energy products. Trump has […]
Global Energy Markets Struggle Amid Gas Price Surges, Supply Disruptions, and OPEC+ Uncertainty
European natural gas prices have jumped nearly 45% this year, driven by cold weather forecasts and U.S. sanctions on Gazprombank, a key Russian financial entity. Northwest Europe is experiencing its first notably cold winter since 2021, with temperatures below the 30-year average, causing gas inventories to drop to 87.7% of capacity. LNG (liquefied natural gas) […]
