Energy dependence: The US and Russia are profiting from Europe’s needs

Europe’s dependence on energy imports is generating huge profits for the US and Russia. In early 2026, both countries exported more liquefied natural gas to Europe than ever before.

08. April 2026
Gas storage facility at the Yamal production hub in Russia: This is where LNG is shipped to Europe. (picture alliance/dpa/tass/Vladimir Smirnov)

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Last updated: 08. April 2026