 The European Commission will present a plan later this month for how the European Union can replace two-thirds of its Russian gas used by the end of 2022. The bloc's energy policy chief, Kadri Simpson, speaking in the European Parliament, said the EU had reached out to all major gas suppliers to help replace Russian gas with alternatives, and its plan would also replace gas used with renewable energy or through energy savings where possible. Head of the Foreign Policy Unit at the EU's Executive European Commission Joseph Borel said in a tweet the new sanctions would target Moscow's oil industry, more Russian banks and those responsible for disinformation. Russia's fuel in Ukraine is a moment of urgency. Probably it's also a moment of truth for the European Union. We must build our European sovereignty. We must be more strategic and we must forge our new energy independence. Together we can achieve so much more and we can be an engine for European growth as a whole. So when we're on the brink of such high adversity with the war in Ukraine, these types of strategic moves are even more important. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.