In June 2025, Ukraine significantly increased its electricity exports by 150%, reaching over 237,000 megawatt-hours, returning to levels seen before Russia’s attacks on energy infrastructure. This surge marks the first time since October 2023 that Ukraine has exported more electricity than it imported, with Hungary being the primary recipient. Despite this progress, Russian attacks continue to target Ukrainian energy facilities, as exemplified by the recent strike in Kherson Oblast, highlighting ongoing challenges in the face of conflict.
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Despite a partial delay of US tariffs on Canadian goods, Ontario Premier Doug Ford announced a 25% surcharge on electricity exports to three US states, threatening a complete shutdown if tariffs escalate. This retaliatory measure, while impacting American consumers with increased energy costs, also carries significant risks for Canada’s energy sector. Ford’s actions are a direct response to President Trump’s threatened tariffs on Canadian dairy and lumber, and further increases contingent on border security improvements. The escalating trade conflict highlights the potential for mutual harm in a full-blown trade war.
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In response to potential U.S. tariffs, Ontario Premier Doug Ford threatened to cut off electricity exports to the United States. This action would impact key U.S. states heavily reliant on Ontario’s power supply, including New York, Michigan, and Minnesota. Ford asserted that this retaliatory measure is a necessary response to any aggressive trade actions from the U.S. He stated that he would cut off energy exports “with a smile on my face” if necessary. The move highlights the significant energy interdependence between Canada and the U.S.
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