World
Russian gas imports rise despite EU phase-out
Gas imports from Russia into the European Union increased during the first months of 2026, a new report has revealed, even as the bloc formally begins a historic withdrawal from Russian natural gas.
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The EU banned Russian liquefied natural gas (LNG) from entering the bloc by the beginning of 2027 and mid-2027, albeit with exceptions for Hungary and Slovakia, which were allowed to tap Moscow’s gas in case of supply disruption given their landlocked position.
Yet according to the report from the EU’s agency of energy regulators (ACER), which was published on Wednesday, Russian gas imports have increased rather than declined during the reporting period, with pipeline imports rising 7 percent year-on-year compared to 2025 and LNG imports growing by 11 percent.
LNG imports accelerated further after the ban took effect in March, rising 17 percent against the same period in 2025.
The new release is ACER’s first monitoring report since the law was adopted in March. The agency attributed a rise in imports to companies accelerating deliveries under existing contracts before stricter prohibitions take effect, rather than to a reversal of EU rules.
“LNG authorised contracts for deliveries into the EU account for 20 to 32 billion cubic metres (bcm), entering the EU at the external borders of four member states: Spain, France, Belgium and the Netherlands. In turn, long-term contracts for Russian pipeline gas remain authorised in Hungary, Slovakia and Greece,” reads the report.
New Russian gas contracts have effectively been prohibited since March 2026, while older long-term agreements are being allowed to expire gradually through 2027 to avoid market disruption.
For now, authorised contracts still represent between 45 and 55 bcm of annual supply capacity, ACER said, down from the 150-157 bcm that Moscow used to export to the EU prior to the war in Ukraine.
Not a sanctions failure
ACER argues that this trend does not indicate a growing dependence on Russia, and nor does it mean that the bloc’s sanctions against Russia are failing.
Instead, importers appear to be maximising deliveries before future restrictions and responding to global supply uncertainty after disruptions caused by the war between Israel, the US and Iran affected Middle Eastern LNG trade.
The ban on transhipments of Russian LNG via the EU to other destinations also seems to have contributed, the energy regulators argue, as some of the Russian LNG that had previously been transshipped at selected EU ports until March 2025 may have remained within the EU market.
Ronald Pinto, an LNG analyst at the market intelligence firm Kpler, endorsed ACER’s assessment, noting that Russian LNG imports into the EU reached record highs in both April and May.
“Faced with disruptions to global LNG supply, European market participants relied on other available sources of LNG, likely making full use of the flexibility available within their existing contractual volumes,” Pinto told Euronews.
However, Pinto also pointed out a slight year-on-year decline in Russian pipeline imports into the EU following maintenance in early June, suggesting a commercial reaction to the 17 June deadline banning imports of Russian pipeline gas under short-term contracts.
“This could indicate that market participants are beginning to reduce their exposure in light of the phase-out regulation,” the analyst said.
Remaining dependencies
While Russian gas now accounts for roughly 12 percent of EU gas demand, ACER says that dependence is no longer evenly spread across Europe.
Most EU countries have sharply reduced purchases since Russia’s invasion of Ukraine, except for Hungary, Slovakia and Greece.
These countries, particularly Hungary and Slovakia, continue to receive Russian pipeline gas primarily through the TurkStream corridor and face the greatest challenge in replacing supplies before the 2027 deadline.
“In 2024, Hungary and Slovakia are estimated to source approximately 70–80 percent of their gas from Russia, while Russian gas is deemed representing approximately 50-55 percent of Greek gas imports,” reads the report.
The principal remaining challenge is not overall gas availability, ACEA said, but ensuring sufficient infrastructure to deliver alternative supplies into landlocked Central European markets.
“The remaining dependence on Russian gas remains unevenly distributed across member states; while most countries have significantly reduced their exposure, a small number of countries continue,” reads ACER’s report.
Diversification and new challenges
ACER concludes that Europe is significantly better prepared than during the 2022 energy crisis due to profound diversification in the gas market.
However, such diversification comes at a new cost, as the bloc has developed new dependencies, particularly with the US, Algeria, and Qatar, the latter having suffered a loss in production due to the war against Iran.
These countries are currently pressuring the EU to scrap its methane rules, which would require oil and gas producers to pay for the pollution linked to their production, with the US suggesting that the EU could lose imports.
“If things (methane rules) stay as they are today, they’re almost certain to reduce the energy flows from the United States to Europe,” US Energy Secretary Chris Wright said at a press briefing on 25 June. “I think this leads to very significant problems in the EU, which already suffers from much higher than global average energy prices.”
The EU is also counting on more gas from planned Romanian Black Sea production and increasing imports through Azerbaijan’s Southern Gas Corridor.
Overall, ACER concludes that the real economic consequences of ditching Russian gas have yet to arrive, pointing instead to the complete ban on LNG imports from January 2027 and the end of pipeline imports in September 2027 as the real tests.
World
State Department congratulates Keiko Fujimori as Peru’s president-elect following razor-thin vote count
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The State Department on Tuesday congratulated conservative candidate Keiko Fujimori after she was declared the winner of Peru’s presidential runoff election by a razor-thin margin.
The statement marked a significant milestone in Latin American relations, with Washington signaling it expects to work closely with Fujimori’s administration on shared priorities.
“The United States congratulates President-Elect Keiko Fujimori of Peru on her important electoral victory,” the department said.
“The Trump Administration looks forward to deepening collaboration with the Fujimori Administration to advance security cooperation and to strengthen bilateral cooperation on investment and trade in our region.”
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Peru’s presidential candidate for the Fuerza Popular party, Keiko Fujimori, waves to supporters during a closing campaign rally in Lima on June 4, 2026. (Anthony Nino de Guzman/AFP)
Her victory comes as Washington seeks to strengthen ties with pro-market allies in Latin America amid growing Chinese economic influence in the region.
Beijing recently completed the Chancay deepwater port in Peru — a $1.3 billion mega-project that serves as China’s key logistics hub on the Pacific coast.
Fujimori’s tough stance on organized crime also aligns with U.S. efforts to expand regional security and anti-trafficking cooperation.
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Secretary of State Marco Rubio looks on during a ceremony at the U.S. embassy in New Delhi on May 23, 2026. (Julia Demaree Nikhinson/AFP)
Fujimori was declared the winner Monday by Peru’s National Office of Electoral Processes (ONPE), the electoral authority responsible for reporting vote count results. The country’s final authority on election matters, the National Jury of Elections (JNE), has yet to issue its official proclamation, according to Reuters.
According to the ONPE, Fujimori secured 50.1% of the vote, winning by fewer than 50,000 votes out of roughly 18 million ballots cast.
Her victory over leftist challenger Roberto Sánchez marks her fourth presidential bid and makes her Peru’s first female president-elect.
The result caps a deeply divisive election cycle in a country that has gone through nine presidents in the past decade.
Fujimori is also the daughter of former Peruvian President Alberto Fujimori, who ruled the country during the 1990s.
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Former Peruvian President Alberto Fujimori waves outside his home in Santiago, Chile, on May 18, 2006. (Claudio Santana/AP Photo)
Fujimori’s presidency marks a return of her family’s political brand to Peru’s highest office — a movement that has long carried a complicated relationship with the United States.
While Washington once backed her father for his fight against communist guerrillas and economic reforms in the 1990s, the U.S. later condemned his government over the dismantling of democratic institutions and allegations of human rights abuses.
Keiko Fujimori has since spent more than two decades attempting to reshape “Fujimorismo” into a modern conservative, law-and-order political movement.
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Peruvians voted in favor of Fujimori amid a surge in violent crime, extortion and years of political instability.
Fujimori campaigned on an “iron fist” approach to security and a pledge to protect Peru’s free-market economy, while her opponent focused on rural economic grievances.
Reuters contributed to this report.
Note: Map shows the area with a shake intensity of 3 or greater, which U.S.G.S. defines as “weak,” though the earthquake may be felt outside the areas shown. The New York Times
A strong, 6.0-magnitude earthquake struck in the Gulf of California on Tuesday, according to the United States Geological Survey.
The temblor happened at 1:45 p.m. Mountain time about 47 miles southwest of El Progreso, Mexico, data from the agency shows.
As seismologists review available data, they may revise the earthquake’s reported magnitude. Additional information collected about the earthquake may also prompt U.S.G.S. scientists to update the shake-severity map.
Subsequent quakes have been reported in the same area. Such temblors are typically aftershocks caused by minor adjustments along the portion of a fault that slipped at the time of the initial earthquake.
Aftershocks detected
Quakes and aftershocks within 100 miles
Aftershocks can occur days, weeks or even years after the first earthquake. These events can be of equal or larger magnitude to the initial earthquake, and they can continue to affect already damaged locations.
The New York Times
When quakes and aftershocks occurred
Sources: United States Geological Survey (epicenter, aftershocks, shake intensity); LandScan via Oak Ridge National Laboratory (population density) | Notes: Shaking categories are based on the Modified Mercalli Intensity scale. When aftershock data is available, the corresponding maps and charts include earthquakes within 100 miles and seven days of the initial quake. All times above are Mountain time. Shake data is as of Tuesday, June 30 at 2:02 p.m. Mountain time. Aftershocks data is as of Tuesday, June 30 at 6:01 p.m. Mountain time.
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Emergency workers in Venezuela on Tuesday rescued a 2-year-old boy who had been trapped beneath the rubble for six days, marking the only reported rescue of a survivor on the sixth day of operations following last week’s devastating earthquakes.
Venezuela’s acting President Delcy Rodríguez said in a Telegram post that Jordanian emergency workers pulled the child from a collapsed building in La Guaira, an area hit the hardest by last week’s earthquakes.
The child, identified by authorities as Klieber Moran, was rescued after spending six days trapped beneath the rubble, Rodríguez said.
Moran was taken to a hospital for treatment, she added.
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A Jordanian team works to rescue a child trapped under rubble following earthquakes in Venezuela, in a location given as Caracas, Venezuela. (Jordan Public Security/Handout via REUTERS)
National Assembly President Jorge Rodríguez said in a televised address Tuesday that officials remain hopeful more survivors will be found.
“We must hold onto the hope of continuing to find people alive beneath the rubble,” Jorge said. “Early this morning, a 2-year-old boy was rescued and is currently receiving care at a health center in Caracas.”
Rescue efforts have continued since magnitude 7.2 and 7.5 earthquakes struck Venezuela’s northern coast last Wednesday.
DEATH TOLL FROM VENEZUELA EARTHQUAKES RISES TO AT LEAST 235, WITH THOUSANDS REPORTED MISSING
Emergency workers rescued a 2-year-old boy after he spent six days trapped beneath the rubble following last week’s earthquakes in Venezuela. (Jordan Public Security/Handout via REUTERS)
The death toll from the twin earthquakes rose to 1,943 on Tuesday, with more than 10,500 people injured, according to Venezuelan officials. On Monday, the death toll stood at 1,719.
Tuesday’s rescue marked another glimmer of hope amid the disaster that has devastated the South American country.
On Saturday, the U.S. State Department shared video showing American search-and-rescue teams pulling an infant alive from beneath the rubble in Venezuela.
EX-MLB PLAYER SAYS WIFE DIED IN DEVASTATING VENEZUELA EARTHQUAKES
A child receives emergency medical attention after being rescued by a Jordanian team from under rubble following earthquakes in Venezuela. (Jordan Public Security/Handout via REUTERS)
The infant, who is 9 months old, was rescued along with her mother, the State Department told Fox News Digital. Both suffered only minor injuries, according to the rescue team.
“Against impossible odds, hope endures,” the State Department posted on X.
On Tuesday, a shipment from the United Nations Children’s Fund (UNICEF) containing 47 metric tons of humanitarian supplies arrived in Venezuela.
FORMER METS PITCHER NARROWLY ESCAPES DEATH IN VENEZUELA EARTHQUAKES THANKS TO ELEVATOR MALFUNCTION
Emergency workers rescued 2-year-old Klieber Moran from beneath the rubble of a collapsed building in Venezuela six days after the country’s devastating earthquakes, according to Venezuelan officials. (Jordan Public Security/Handout via REUTERS)
The shipment includes emergency health kits for urgent medical care, including supplies for safe births, newborn care, disease prevention and treatment, according to the United Nations.
Urban Search and Rescue (USAR) teams from Virginia, California and Florida were dispatched to Venezuela on Friday to help search collapsed buildings.
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According to the State Department, the three USAR teams include 312 personnel and 18 canine teams, made up of firefighters, physicians, structural engineers and canine search specialists, and deployed with more than 200,000 pounds of specialized rescue equipment.
Reuters contributed to this report.
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