The US launched a dangerous blow, Europe ran out of Russian gas imports

Ngọc Vân |

The last flow of Russian gas in Europe could be completely cut off by US sanctions.

Despite the majestic statements from Europe, the old continent has yet to stop Russian gas. In contrast, the latest data shows growing dependence, but this is facing a surprise punch from across the Atlantic. A US-popular sanctions bill with a tax rate of up to 500% for any country that continues fuel trade with Russia.

Data from the European Gas Operations Network (ENTSOG) shows that in May 2025, Russian gas exports via the Turkstream gas pipeline increased by 10.3% compared to the previous month, to 46 million cubic meters/day.

This is the only Russian gas pipeline to Europe that is still operating stably after Ukraine terminated the transit agreement from January 1, 2025.

It is worth noting that this increase comes in the context of the West continuously calling for a reduction in dependence on Russian energy. However, reality is proving the opposite: Russian gas is still a lifeline for many European countries, especially Eastern and Southern European countries such as Hungary, Slovakia, Bulgaria or Greece.

Not only gas, in February 2025 alone, the EU spent more than 2 billion USD on Russian energy products, from oil, coal, LNG to uranium.

In a surprising but carefully calculated move, a group of Republicans and Democrats - led by Republican Senate member Lindsay Graham and Richard Blumenthal (Democrats) - are pushing for a sanctions bill with the aim of directly targeting Russia's energy revenue.

Accordingly, any country that knows clearly and still buys, sells or transfers oil, gas, uranium or petrochemical products of Russian origin will be subject to a tax rate of no less than 500%.

The indirect but obvious goal of the bill is Europe - countries that still quietly import Russian LNG through ports in the Netherlands, France, Belgium, Spain or Portugal; or also depend on gas pipelines such as Turkstream or the Druzhba oil pipeline (leading Russian oil through Ukraine and Belarus to Europe).

The bill has now received 81 signatures in the US Senate, almost ensuring its approval. If it becomes a law, it would be a real geopolitical and economic shock, forcing Europe to choose or completely abandon Russian fuel, or pay huge tariffs on imports from the US - the number one trading partner of many EU countries.

Ngọc Vân
RELATED NEWS

US announces countervailing tax plan

|

US President Donald Trump will not extend the 9-day postponement of countervailing tariffs, US Secretary of Commerce Howard Lutnick confirmed.

The secret to helping the last pipeline carrying Russian gas to Europe escape

|

Thanks to the close coordination between Russia and Turkey, and Turkey's diplomatic intermediary role with Kiev, the TurkStream gas pipeline is still safe.

Loss of cheap Russian gas, EU pays double the price

|

With no more cheap Russian gas, the EU is expected to spend at least $11 billion to fill its gas reserves before next winter.

The problem of capital sources for double-digit growth

|

The double-digit growth target sets high requirements for mobilization and allocation of resources. Not only capital scale, the problem also lies in quality and sustainability.

Bad news

|

Ms. Le Thi Duc Hanh (mother of comrade Tran Viet Van - reporter of the Culture - Sports Department, Lao Dong Newspaper) was born in 1934. Residence: 64B Van Ho 3, Hai Ba Trung ward, Hanoi city. Passed away at 2:58 AM, March 13, 2026 (ie January 24, Binh Ngo year); at the age of 93.

30kg of gold in Ha Tinh was bought for more than 142 billion VND

|

Ha Tinh - On the morning of March 12, the Department of Finance organized a lottery to buy assets worth nearly 30kg of gold, a business in Nghe An won the lottery to buy these assets.

US and Iran show signs conflict will continue

|

US-Iran war escalates, threatening global energy security and maritime transport.

Officially eliminate typhoon Yagi and 8 other names, finalize replacement names

|

The Asia-Pacific Regional Typhoon Committee has officially finalized the use of Typhoon Tomo instead of Yagi after the heavy damage caused by this storm.

US announces countervailing tax plan

Khánh Minh |

US President Donald Trump will not extend the 9-day postponement of countervailing tariffs, US Secretary of Commerce Howard Lutnick confirmed.

The secret to helping the last pipeline carrying Russian gas to Europe escape

Thanh Hà |

Thanks to the close coordination between Russia and Turkey, and Turkey's diplomatic intermediary role with Kiev, the TurkStream gas pipeline is still safe.

Loss of cheap Russian gas, EU pays double the price

Khánh Minh |

With no more cheap Russian gas, the EU is expected to spend at least $11 billion to fill its gas reserves before next winter.