The crisis surrounding Ukraine has been a harsh reminder to Europeans of just how dependent they are on Russian energy supplies. While the European Union weighs its options for a united and robust response to Russia if Vladimir Putin decides to invade Ukraine, the bloc is feeling a new sense of unease over its dependence on Russian oil and gas.
“The United States and the EU are working jointly towards continued, sufficient, and timely supply of natural gas to the EU from diverse sources across the globe to avoid supply shocks, including those that could result from a further Russian invasion of Ukraine,” US President Joe Biden and European Commission President Ursula von der Leyen announced in a joint statement on Friday.