EU Energy Chief Says Europe Is Open To US Help To Quit Russian Oil After Trump’s Criticism: Report

The European Union’s Energy Commissioner Dan Jorgensen reportedly said on Friday that the EU is open to accepting help from the United States to stop importing Russian crude oil, following criticism from President Donald Trump.

In an interview with Reuters, Jorgensen accepted that the EU is “indirectly helping finance Putin’s war” and that this needs to stop.

"Not only has Putin weaponised energy against us, blackmailed member states, we are actually also indirectly helping finance Putin's war, and that needs to stop. And if President Trump agrees to that, then that is only a welcome support, because that is certainly our main objective," Jorgensen said in the interview.

The report added that Jorgensen will speak to his U.S. counterpart, Energy Secretary Chris Wright, regarding the EU’s pledge to buy up to $250 billion in energy supplies per year from the United States. This is a part of the U.S.-EU trade deal.

On Thursday, President Trump called on the EU to stop purchasing Russian oil and to put pressure on China to help bring an end to the war in Ukraine, according to a CNN report. Trump made the comments during a call with Ukrainian President Volodymyr Zelenskyy and other European leaders.

Meanwhile, U.S. equities rose in Friday’s pre-market trade. At the time of writing, the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 index, was up 0.13%, while the Invesco QQQ Trust (QQQ) gained 0.53%. Retail sentiment around the S&P 500 ETF on Stocktwits was in the ‘bullish’ territory.

Also See: Dow Futures Edge Lower Ahead Of Crucial August Jobs Report: TSLA, AVGO, LULU, DOCU Among Stocks To Watch

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