The EU has now given its ultimate approval to a legally binding ban on Russian fuel imports, pretending that is some grand ethical victory. Reuters is reporting that the EU will cease importing Russian LNG by the top of 2026 and ban pipeline fuel by September 30, 2027, with some flexibility to increase underneath sure situations.
The press consistently frames this as “standing as much as Russia,” however in actuality, this has been nothing greater than a shift from one provider to a different whereas pretending it’s independence. Russia was as soon as supplying over 40% of EU fuel. By 2025, they managed to cut back it to round 13%. But some international locations are nonetheless shopping for Russian vitality since you can’t run an industrial financial system on ideology. In fact, Hungary and Slovakia opposed this, and Bulgaria abstained. Hungary says it plans to problem this legally. Centralized energy strips particular person member states of all autonomy, and all nations should abide by Brussels even when it would result in monetary spoil or warfare.
The EU’s complete drawback is that it’s run by politicians who don’t perceive economics, capital flows, and even primary historical past. They don’t have any comprehension that the vitality value is the price of manufacturing. If you intentionally increase the price of vitality, you increase the price of EVERYTHING. That’s not “Putin’s inflation.” That’s EU inflation, brought on by EU coverage.
I warned that sanctions would set off disruptions and excuses for provide cuts, and that Europe can be the one paying the value. The EU is heading right into a melancholy due to its personal deliberate coverage choices. Web Zero, sanctions, eliminating nuclear vitality, attacking farmers, destroying business, regulating the whole lot to dying, and now pretending you possibly can simply ban the vitality inputs that constructed fashionable Europe.
Europe is banning Russian fuel not as a result of it makes financial sense, however as a result of the EU has turned coverage into faith and calls for ideological conformity.
