The EU wants to vastly reduce Russian gas imports this year, a top official said Tuesday, as political pressure mounts to sever Russia's main economic lifeline over its invasion of Ukraine. In the US, President Joe Biden said he intends to put a stop to Russian oil imports, and Britain's minister responsible for energy, Kwasi Kwarteng, has announced that the UK wants to phase out Russian oil imports "by the end of 2022".
The European Commission, the EU's executive arm, said it could erase a huge share of its dependency on Russia by tapping new gas supplies, ramping up reserves for next winter and accelerating efforts to be more energy efficient.
