EU boosts imports of Russian gas as Middle East crisis squeezes supplies
The bloc took 97% of the cargoes from the vast Yamal LNG project in Siberia in the first three months of year
The bloc took 97% of the cargoes from the vast Yamal LNG project in Siberia in the first three months of year

Earlier phaseout dates to be set for liquefied natural gas and short-term supply contracts

Oil and gas major had previously planned to divert shipments to Asia when EU ban comes in

US sanctions on Russia’s biggest oil companies have added to fears of shortages from refinery shutdowns

Energy security arguments being pushed in response to review of EU policy

Harsh winter and policy changes push prices to 10-month high

Iran war keeps prices high despite consumer demand dropping as heating season ends