EU shifts from Russian suppliers with $750 billion US energy investment

The European Union reduces its dependence on Russian energy supplies and will invest in LNG (LNG), fuel, and nuclear fuel from the United States, which represents a large boost for the American energy sector.

President Donald Trump announced on Sunday that a “commercial deal” has been made between the United States and the European Union in which the European Union plans to purchase an energy of $ 750 billion from the United States during Trump’s term in his position. These removable purchases of oil and long -term contracts for the Authority for LNG and Nuclear Technology will include the amount estimated in the purchases of planned energy in Europe from Russia.

“We will also increase our energy cooperation,” said Ursula von der Lenin, head of the European Commission.

“The deal enhances energy relations as the United States is still a major source of raw oil and refined products with increased LNG export,” said Andy Leipo, President of Lipow Oil Associas, Fox Business.

The deal also comes in a major moment. The European Union imposes sanctions on Russia, which affects refineries in China and India, which used to turn Russian oil into diesel and sell it to Europe. Lipco said that Europe will now look at the United States to help compensate for the loss.

“If the United States adds more sanctions to countries that still buy Russian oil, it is possible that the United States and Europe will close when it comes to energy cooperation,” he added.

Under the deal, the European Union said it would also invest an additional $ 600 billion that exceeds its current obligations. This number depends on the common investment intentions expressed by European companies, although the final procedures for private companies exceed the control of the European Union, which is the economic and government bloc.

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President Donald Trump announces a trade agreement with the European Union after a meeting with the President of the European Commission, Ursula von der Layen, at Trump Turnberry Golf Club on July 27, 2025 in Turnberry, Scotland. (Andrew Harnik / Getty Images / Getty Images)

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The trade framework of the United States and the European Union will also witness that the European Union member states are committed to purchase American military equipmentAlthough the amount is not determined by the deal.

US President Donald Trump is walking with European Commission President Ursula von der Lin, where he announces a trade agreement with the European Union at Trump Turner Golf on July 27, 2025 in Turnberry, Scotland. (Andrew Harnik / Getty Images / Getty Images)

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Von der Lin continued, saying that the deal between the European Union and the United States. “It creates certainty at unconfirmed times.”

“It provides stability and the ability to predict, for citizens and companies on both sides of the Atlantic,” she said, adding that the United States and the European Union are trading $ 1.7 trillion with each other every year and represented a market of 800 million people and constitute nearly 44 % of the world’s economy.