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Market
What strategy will the EU adopt for energy imports by September 30, 2025?
2
Resolution / Starting Odds
Diversify away from US • 25%
Increase US imports • 25%
Maintain current levels • 25%
Seek alternative energy sources • 25%
Official EU energy policy announcements, news reports from reputable sources
Story
Trump Warns EU: Buy US Oil and Gas or Face 'Tariffs All the Way'
Dec 20, 2024, 06:46 AM
President-elect Donald Trump has threatened to impose tariffs on the European Union unless it reduces its trade deficit with the United States through large-scale purchases of American oil and gas. In a statement posted on Truth Social on Friday, Trump said he told the EU they must make up their 'tremendous deficit' with the US by buying American energy exports, warning that 'otherwise, it is tariffs all the way.' The U.S. is currently the world's largest exporter of liquefied natural gas (LNG) and the biggest oil producer. Trump's ultimatum could escalate trade tensions with the EU ahead of his inauguration.
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US becomes primary supplier • 25%
Russia remains primary supplier • 25%
Middle East becomes primary supplier • 25%
No change in primary supplier • 25%
US • 25%
Norway • 25%
Middle East • 25%
Other • 25%
U.S. becomes primary supplier • 25%
Russia remains primary supplier • 25%
Middle East remains primary supplier • 25%
No change in primary supplier • 25%
Direct ban on LNG imports • 25%
Sanctions on oil exports • 25%
Sanctions on coal exports • 25%
No additional measures • 25%
Implement alternative gas routes • 25%
Increase renewable energy investments • 25%
Negotiate with Russia for new terms • 25%
Other • 25%
Successful with increased non-Russian imports • 25%
Partially successful with mixed sources • 25%
Unsuccessful with continued reliance on Russian energy • 25%
Other outcome • 25%
Natural Gas • 25%
Nuclear • 25%
Renewables • 25%
Coal • 25%