US EditionFossil-Fuel Pledge in Eu-Trump Deal Sparks Climate Fears
UNITED STATES, JUL 28 – The EU's $750 billion energy import pledge averages $250 billion yearly but faces supply limits and market challenges, with U.S. LNG exports to Europe up 4.5% in 2024.
- In 2024, U.S. energy exports reached over $330 billion, with shipments to the EU totaling $74.3 billion, highlighting the gap in commitments to increase energy trade.
- Driven by Europe’s post-Ukraine pivot, EU officials aimed to reduce dependence on Russian fossil fuels, with plans to buy $750 billion of U.S. energy over three years, but capacity concerns remain.
- Data show U.S. energy exports totaled $330 billion in 2024, but EU shipments were just $74.3 billion, making the pledge to increase exports by 3.26 million bpd unlikely.
- Following the announcement, Brent crude rose to around $75 and WTI to $70, experts said, but analysts warned that adding $750 billion in exports faces steep hurdles.
- Looking ahead, analysts say that U.S. LNG flows are unlikely to increase significantly before Trump’s term ends, despite capacity plans.
17 Articles
17 Articles
Watauga Democrat
Fossil-fuel pledge in EU-Trump deal sparks climate fears
The EU is promising colossal new US fossil fuel purchases under its trade deal with President Donald Trump, raising concerns for the bloc's climate fight -- should the mammoth pledges come true.
EU's $750 Billion Energy Deal with Trump Has Some Uphill Roads
In a bold move to avert a transatlantic trade war, the European Union (EU) and the United States, under President Donald Trump, announced a historic agreement on July 27, 2025. The deal, struck during talks in Scotland between Trump and European Commission President Ursula von der Leyen, includes a 15% tariff on most EU goods entering the U.S.—a reduction from the threatened 30%—along with EU commitments to invest $600 billion in U.S. infrastruc…
EU’s $750 billion energy deal with U.S. will be hard to attain, experts say – Oil & Gas 360
(World Oil)– The European Union’s promise to buy $750 billion of American energy imports over three years was pivotal to securing a trade deal with President Donald Trump, but it’s a pledge it will struggle to keep. The deal would require annual purchases of $250 billion of natural gas, oil and nuclear technology, including small modular reactors, according to EU officials. European Commission President Ursula von der Leyen said the bloc’s es
A billion-dollar agreement between the EU and the US is making headlines: under Donald Trump's leadership, the European Union has committed itself to making gigantic energy imports from the United States. What sounds like a geopolitical coup at first glance raises a number of questions – on the feasibility, on the interests [...] The post Why Trump's energy deal with the EU is doomed to failure appeared first on financial marketwelt.de.
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