EU and US strike LNG deal as Europe seeks to cut Russian gas – Reuters Europe UnitedStates Gas Energy RussianFederation
European Commission President Ursula von der Leyen said, “US LNG will replace that of Russia's,” after striking an LNG deal with the US on Friday.
Meanwhile, US President Joe Biden said that “coming together to reduce Europe’s dependency on Russian energy.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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