德国联邦网络管理局局长克劳斯·穆勒在接受冯克媒体集团（Funke）采访时表示，德国将继续通过国有 公司SEFE（欧洲能源保障有限公司）进口俄罗斯液化天然气，鉴于现行合同条款规定，若未经欧盟层 面决议则无法终止进口。 ...

如果说这些欧洲国家的选择还有隐蔽性，那么匈牙利的情况就完全公开。总理欧尔班跑到白宫后，高调 宣布自己拿到了豁免，可以继续进口俄罗斯石油和天然气。虽然豁免时间只有一年，但这已是巨大差别 待遇。 年初的一场会谈，让土耳其成了众矢之的。美国高层直接对土耳其外长表明立场，希望它立刻停掉从俄 罗斯采购的能源。这个要求对土耳其来说，不仅是外交上的压力，更是实实在在的经济考验。 而就在美国对土耳其施压的时候，欧洲不少国家却在悄悄通过土耳其，把俄罗斯的天然气稳定送进自己 家。斯洛伐克和匈牙利更是加大从"土耳其溪"管道的进口量，有的合同一签就是十几年。 这条跨越黑海的管道，不但绕开了乌克兰战区，还省了不少运输成本。虽然欧盟口头上说要对俄罗斯进 行能源制裁，但在现实利益面前，真要放弃便宜又稳定的俄气，几乎没人愿意动这个念头。 这种表面盟友、背地里还是买方的情况，让土耳其处于进退两难的尴尬位置：送气送得卖力，挣了中转 费，却被指责在制裁上"不够纯"。 为了换来美国的点头，匈牙利同意花费巨额资金购买美国液化天然气，还让美国企业参与本国的核电站 建设。这是一笔典型的利益交换，美国看重的是经济和政治回报，而不是一刀切的制裁原则。 更关键 ...

欧尔班指出，作为内陆国家，匈牙利没有海岸线，能源无法通过航运抵达，唯有通过管道运输。在谈及与美国总统特朗普通电话时，欧尔班表示，美国和匈 牙利都是主权国家，双方没有必要接受对方的观点。此前，特朗普在会见乌克兰总统泽连斯基时，曾提到匈牙利应结束对俄罗斯能源的依赖。（总台记者 卜卫军） 匈牙利总理欧尔班当地时间9月26日在布达佩斯接受采访时表示，根据国际货币基金组织的数据，如果没有俄罗斯天然气和石油，匈牙利经济将损失4%，数 十万家庭将破产。 ...

Market Overview - US stock indices opened lower on Tuesday evening, with all three major indices in the red [1] - The Dow Jones Industrial Average was at 42,466.96, down 0.11%; the Nasdaq was at 19,646.97, down 0.28%; and the S&P 500 was at 6,022.65, down 0.17% [2] Chinese Stocks Performance - Multiple Chinese concept stocks declined, with the Nasdaq Golden Dragon China Index dropping over 1% [1] - Notable declines included Zai Lab down over 8% at 37.270, JinkoSolar down over 7% at 18.625, and Xunlei down 6.38% at 4.840 [3] US Economic Data - Recent US retail data for May fell short of expectations, with retail sales decreasing by 0.9% month-on-month, against an expected decline of 0.6% [3] - Export prices also decreased by 0.9% month-on-month, while year-on-year growth was only 1.7%, below the expected 2.5% [3] - The NAHB housing market index dropped to 32 in June, the lowest since December 2022, indicating declining builder confidence due to rising mortgage rates and economic uncertainty [3] Oil Price Surge - Oil prices experienced a sudden surge, with domestic crude futures rising over 4% [4] - Brent crude and WTI crude both increased by over 2%, with Brent at 73.75 (+2.44%) and WTI at 72.10 (+2.63%) [5] EU Legislative Proposal - The European Commission proposed legislation to phase out imports of Russian natural gas and oil by the end of 2027, aiming to reduce dependency on Russian fossil fuels [6] - The proposal includes a ban on new contracts for Russian gas starting January 1, 2026, and a complete halt on all long-term contracts by the end of 2027 [6] - Ongoing tensions in the Middle East are also contributing to the rise in oil prices [6]

Core Viewpoint - Serbia's President indicated that the country may rely on Russian natural gas for the next 6 to 7 years, highlighting the ongoing dependence on Russian energy supplies amid geopolitical tensions [1] Group 1: Energy Dependence - Serbia is expected to continue its reliance on Russian natural gas, which is a critical component of its energy strategy [1] - The statement reflects the broader context of energy security in Europe, particularly in light of the ongoing conflict and sanctions against Russia [1] Group 2: Geopolitical Context - The reliance on Russian gas underscores the challenges faced by Serbia in diversifying its energy sources [1] - This situation may impact Serbia's relationships with other European nations and its energy policy moving forward [1]

Group 1: Conflict Impact on Europe - The ongoing Russia-Ukraine conflict has expanded its impact across Europe, with European countries feeling significant pressure despite Russia and Ukraine entering a relative stalemate [1] - European nations have followed the U.S. in imposing sanctions on Russia, but these measures have not effectively weakened Russia and have instead led to severe consequences for Europe [1] Group 2: Energy Dependency - Europe has a deep reliance on Russian energy, particularly in oil and natural gas, which is critical to the economic lifeblood of many European countries [3] - Russia is the world's third-largest oil producer, with a daily output of 10 million barrels, most of which is exported to Europe [3] - Russia's proven natural gas reserves are approximately 48 trillion cubic meters, accounting for one-third of the global total, with significant untapped resources available for future development [3] Group 3: Economic Dynamics - Despite weaknesses in various sectors, Russia generates substantial profits from oil and gas exports, earning significant revenue annually [5] - The cost of natural gas extraction in Russia is only 0.13 RMB per cubic meter, allowing for considerable profit margins even when factoring in infrastructure and transportation costs [6] Group 4: Historical Context - The 1973 oil crisis, triggered by the Fourth Middle East War, allowed oil-exporting countries, including the Soviet Union, to gain substantial economic benefits [6][7] - The Soviet Union earned approximately $300 billion from oil exports by 1984, which funded military and technological advancements [7] Group 5: Current Challenges for Europe - Europe's low self-sufficiency in natural gas, at only 1% of global reserves, makes it heavily reliant on imports, with Russia supplying nearly one-third of its natural gas [13] - Germany's dependency on Russian gas exceeds 50%, complicating efforts to find alternative suppliers [13] - The ongoing conflict has forced Europe to seek higher-priced gas from the U.S., leading to increased energy costs for consumers and public protests against government policies [14]

Group 1 - The core viewpoint is that even if peace is achieved between Ukraine and Russia, it would be unwise for the EU to rely on Russian energy again [1] Group 2 - The statement reflects a broader strategy of the EU to diversify its energy sources and reduce dependency on Russian energy supplies [1] - This position is likely influenced by the geopolitical tensions and the need for energy security within the EU [1] - The EU's energy policy may shift towards more sustainable and alternative energy sources as a long-term strategy [1]

Core Viewpoint - The article discusses the interdependence of the U.S. and Canadian electricity markets, particularly in light of recent trade tensions and proposed tariffs, highlighting the potential impacts on energy infrastructure and supply dynamics [1][12]. Group 1: U.S.-Canada Electricity Interdependence - Canadian electricity has been crucial in meeting the demand in the U.S., especially in the Northeast, with peak electricity transfers from Hydro-Québec reaching 2,238 megawatts and from Ontario reaching 2,311 megawatts [3]. - The interconnection between the U.S. and Canadian electricity systems is significant, with exceptions occurring only during specific maintenance periods or demand surges [3]. - The Northeast U.S. shows a strong reliance on Canadian electricity, with ISO-NE and NYISO's average dependency reaching approximately 18% and 12% respectively in 2023, peaking at 21% and 17% [5]. Group 2: Future Infrastructure Developments - Despite the heavy reliance on Canadian electricity, the Northeast U.S. is not planning to reduce this dependency, as evidenced by the construction of four new transmission lines that will increase capacity by at least 55% [9]. - The ongoing geopolitical and trade uncertainties may affect energy infrastructure projects, raising questions about the impact of potential tariffs on these developments [12].