Published: May 08, 2025, 06:05 IST | Updated: May 08, 2025, 06:05 IST
World Business Watch May 08, 2025, 06:05 IST
Many Questions Still Remain Despite EU's Plan
EU plans for a gradual phase-out of russian energy supplies
Gas futures rise as much as 6.7% after a retreat on Monday
EU unveils roadmap to cut remaining flows of russian energy
EU's plan shows a phased approach; details to come next month
EU outlines plan to phase out russian energy by 2027
Natural gas prices in Europe surged on Tuesday after a recovery in crude oil and the region's intentions to reduce reliance on Russian gas completely by 2027.