LIVE | Ursula von der Leyen Reveals Europe’s Drop in Russian Fuel Dependence, Warns of Rising Costs
LIVE | Ursula von der Leyen Reveals Europe’s Drop in Russian Fuel Dependence, Warns of Rising Costs
European Commission President Ursula von der Leyen announced a significant reduction in Europe's reliance on Russian fossil fuels at the World Economic Forum 2025 in Davos.
Gas imports from Russia have decreased by nearly 75%, oil imports are now down to just 3%, and no coal is being imported from Russia.
However, von der Leyen warned that this transition to energy independence has come at a high cost, leading to increased energy prices for households and businesses across Europe.
The full implications of this shift are still unfolding.
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