EU gives Russia €3bn LNG Arctic boost as Iran war exposes energy vulnerability (euobserver.com)

• EU absorbs 97 percent of Yamal LNG output
• 3 billion euros transferred to Russian project
• Yamal facility remains outside current sanctions

"The European Union is purchasing 97 percent of the liquefied natural gas produced at Russia's Yamal Arctic facility, effectively directing three billion euros into the Russian energy sector. Despite heightened geopolitical instability, including potential conflict in the Middle East impacting broader energy markets, the Yamal project remains exempt from current EU sanctions regimes. This creates a critical strategic vulnerability by maintaining reliance on Russian infrastructure."