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International · United StatesThe European Union agreed to buy $750 billion in U.S. oil and gas to avoid a trade clash with President Donald Trump, but analysts say supply limits and logistical barriers make the goal unattainable.Victor Jack reports for POLITICO.In short:The EU currently imports about €76 billion in U.S. energy annually and would need to triple purchases, displacing cheaper suppliers like Norway.U.S. oil and gas exports total about $166 billion a year, far b…See the Story
EU’s $750 Billion Pledge for U.S. Energy Imports Faces Steep Hurdles
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