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How has the European Union's reliance on Russian energy changed since 2022?

The European Union has significantly reduced its dependency on Russian energy since 2022 through 15 rounds of sanctions. Prior to this shift, the EU imported 40% of its natural gas from Russia, creating substantial energy vulnerability in the context of geopolitical tensions. As part of its strategy, the EU now controls the majority of Russia's frozen reserves, worth approximately 300 billion euros. This economic leverage, combined with diversification of energy sources, has allowed the European Union to substantially decrease its reliance on Russian natural gas, marking a major strategic realignment in European energy policy.

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03:22

From

EU's Challenge: Reducing Russian Energy Dependency

WION·8 months ago

Answered in this video

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01:15

What are the potential economic initiatives discussed in the talks between the US and Russia?

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00:20

Could the US ease its economic sanctions on Russia, especially in light of Trump's previous skepticism?

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00:10

How could easing sanctions on Russia impact U.S. businesses and Europe's economic strategy?

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00:33

How are European gas prices reacting to US-Russia talks and what challenges does the EU face?

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