
The Strategic Risks of Europe's Pivot to U.S. LNG
By replacing Russian gas with U.S. LNG, the European Union risks swapping a strategic dependence on Moscow for one on Washington — a relationship that, though fundamentally different, would not be immune to the use of energy as a tool of political and economic leverage, and that could leave the bloc operating with tighter market buffers and greater price volatility through the end of the decade, even as diversification reduces single-supplier risk...