Opinion: Why Europe should remain calm about US energy supply

February 20, 2026

The United States has become one of the European Union’s most important suppliers of fossil fuels. According to statistics published by Bruegel, in 2021 the US share of gas supplies to the EU was less than 6%; by 2025 it had risen to over 26%. The situation is similar for crude oil. In 2025, the US ranked second, after Norway, as the most important supplier to the EU.

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