The European Commission has confirmed that it expects the EU to remain dependent on energy imports from Russia for at least another five years, the TASS news agency reported on Monday. In response to a question posed during a press briefing in Brussels as to how soon US liquefied natural gas (LNG) would help Europe…

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Rather than threatening the Saudis over oil prices, the US should lift sanctions on Iran and Venezuela, the foreign minister says The US should stop threatening Saudi Arabia over high oil prices and find other ways to resolve the problem, the Turkish foreign minister said on Friday.