Spain Deepens Energy Ties with the US Amid Geopolitical Shifts

Spain has significantly reconfigured its energy imports, increasingly relying on the United States for oil and natural gas in response to recent energy crises and geopolitical tensions. In 2023, US oil exports to Spain surpassed 9 million tons, accounting for 15% of Spain's total oil imports. Meanwhile, in 2025, natural gas imports from the US doubled to 111,660 GWh, representing 30% of Spain’s total gas imports. This reflects Spain’s strategic pivot from traditional suppliers, influenced by EU sanctions on Russian gas and US trade policies during the Trump administration. Moreover, Spain has become a vital re-export hub for natural gas, with reexports reaching over 40,000 GWh last year.

The aggressive energy strategy of the Trump administration, emphasizing US energy dominance through increased production, played a critical role in this shift. Despite ongoing Atlantic tensions and disputes over issues like US tariffs and geopolitical maneuvers concerning Greenland, Spain continues to position itself as a key energy gateway within Europe. This adaptation ensures Spain’s energy security while aligning with the EU’s broader objectives of diversifying energy sources.

The transformation underscores Spain’s pragmatic approach amid global trade uncertainties, illustrating a reshaping of Europe's energy map toward closer cooperation with the US amid evolving geopolitical realities.