Egypt, Israel to boost gas supply to EU amid Ukraine war
FOX NewsMAR 27 2022
The EU has become increasingly distressed by Russian brutality in Ukraine and moved Europe toward a more fragmented energy strategy. This means the EU will buy smaller amounts of energy from a number of different countries. Europe can no longer afford to be depending on just one energy source and is prudently heading toward market diversification.
Europe and the EU have been hit by an electricity price crisis caused by failing politicians, not failing supply. The EU aims to be the world's environmental policy beacon but risks falling behind economically. The EU's overall energy policies' aims are honorable, but in practice, very difficult to implement due to mismanagement.