Russia's war on Ukraine: Implications for EU energy supply
At a Glance
01-03-2022
Russia is the largest exporter of oil, natural gas and coal to the EU. Already before the crisis, natural gas prices had increased significantly. The current crisis is likely to have a major impact on price levels in Europe. The EU will need to see how to increase its energy independence, using some of the building blocks of the Green Deal.
At a Glance