EU’s plan to phase out Russian energy clears first political hurdle

Investing.comWednesday, October 8, 2025 at 11:36:50 AM
EU’s plan to phase out Russian energy clears first political hurdle
The European Union has successfully navigated the first political hurdle in its ambitious plan to phase out Russian energy dependency. This move is significant as it reflects the EU's commitment to energy independence and reducing reliance on external sources, particularly in light of geopolitical tensions. By advancing this plan, the EU aims to bolster its energy security and promote sustainable alternatives, which could lead to a more stable and resilient energy market in the future.
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