EU spent less on US energy after $750bn Trump trade deal
Member states’ spending on US oil and gas fell 7 per cent over the past four months
Member states’ spending on US oil and gas fell 7 per cent over the past four months

Deal comes as Donald Trump faces pressure to limit energy price increases triggered by Iran war

Brussels cuts number of companies forced to comply and removes clause on climate plans for business

Relations between the US and Europe crumple further over Trump’s national security strategy and pressure on Ukraine

Analysts dismiss plan but executives welcome sign of more support for fossil fuel exports

The US president’s actions have inadvertently raised the appeal of renewable energy

The bloc has the strength not to offer the US anything