Commodities
EU Puts Pin in Russia Energy Roadmap as It Weighs US Pivot
This article is for subscribers only.
The European Union delayed the release of a plan to phase out Russian fossil fuels as it weighs the impact of the US administration’s pivot on Ukraine, struggles to lower energy prices and strives to maintain unity among member states.
The European Commission dropped the publication of a roadmap — which was meant to outline the EU’s path for replacing Russian energy — from its schedule on Wednesday, after previously planning to release it on March 26. While it said work on the phaseout plan continued, no new date was specified for its publication.