It was pretty well known that the deal would not happen as Trump imagined. However the EU is replacing Russian fossil fuels and some of that with US ones. So it was not obvious that we would see a decline for US fossil fuel revenues from the EU.
Yes, but we must also see that the volume of energy imports from the US is slightly higher in Q3/2025 compared to Q3/2024. The revenue decline is primarily due to a decrease in prices.
It was pretty well known that the deal would not happen as Trump imagined. However the EU is replacing Russian fossil fuels and some of that with US ones. So it was not obvious that we would see a decline for US fossil fuel revenues from the EU.
Yes, but we must also see that the volume of energy imports from the US is slightly higher in Q3/2025 compared to Q3/2024. The revenue decline is primarily due to a decrease in prices.
But I agree, it was clearly foreseeable from the very beginning. Here is a more comprehensive data if interested: https://ec.europa.eu/eurostat/statistics-explained/index.php?title=EU_imports_of_energy_products_-_latest_developments