The British Financial Times reports that the EU is considering abandoning its opposition to new oil and gas drilling in the Arctic region. The report quoted several people familiar with the matter and a document as saying that since 2021, the European Union has been pushing the international community to ban new oil and gas drilling in the Arctic on environmental grounds, but is currently considering abandoning this proposal.

The British Financial Times reports that the EU is considering abandoning its opposition to new oil and gas drilling in the Arctic region. The report quoted several people familiar with the matter and a document as saying that since 2021, the European Union has been pushing the international community to ban new oil and gas drilling in the Arctic on environmental grounds, but is currently considering abandoning this proposal.