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― Mark Twain
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EU Shots Bans Russian Natural Gas
EU countries have given final approval to a law banning Russian gas imports, making legally binding their pledge to cut ties with Moscow by late 2027. The measure, passed despite opposition from Hungary and Slovakia, will end Russian LNG imports by end-2026 and pipeline gas by September 2027, with limited flexibility if supply shortages arise. The law bans new Russian gas contracts and forces existing ones to be terminated, with penalties for non-compliance. The move comes as the EU continues efforts to reduce funding for Russia’s war economy, with further legislation planned on Russian oil and nuclear fuel.
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