Russia eyes return to Europe's gas market despite sanctions, Ukraine war: Report
Reports suggest that Russia is exploring ways to resume gas exports to Europe, potentially involving US investors in the Nord Stream pipelines. Discussions reportedly involve Jared Kushner and Russian officials, though US officials have denied recent negotiations and emphasized that sanctions remain a major hurdle.
Why it matters
The potential reopening of energy channels between Russia and Europe would represent a major shift in the geopolitical landscape of the ongoing Ukraine war.
Russia may be looking to turn the gas taps to Europe back on, with talks under way over bringing a US investor into the Nord Stream pipelines that once carried Russian gas to Germany.According to five people familiar with the matter, the discussions involve US Special Envoy Jared Kushner and Kirill Dmitriev, a close adviser to Russian President Vladimir Putin.Kushner, who has been trying to broker a truce between Russia and Ukraine, sees business deals as central to restoring peace. A potential Nord Stream deal could allow US investors to profit from energy flows to Europe once the war ends.Nord Stream back on the tableKushner and Dmitriev have met in Moscow and New York in recent weeks.
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