News

Politics

On HALO

1 week ago

Europe bankrolls Putin's war machine even as NATO races to bolster defenses

Even as NATO allies increase defense spending, arm Ukraine and impose sanctions aimed at weakening the Kremlin, European Union countries haven't yet been able to shake their dependence on Russian liquefied natural gas, providing Russia with a key source of revenue as it wages war in Ukraine.A new analysis of commercial shipping data shows European countries spent billions in the first half of 2026 on purchases of Arctic liquefied natural gas. Environmental watchdog Urgewald, using trade intelligence platform Kpler shipping data, found that 136 of the 140 cargoes exported from Russia's flagship...