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Good morning from the Financial Times. Today is Wednesday, August 30th.

This is your FT News Briefing. The EU is having a hard time quitting Russian fuel,

and a US Federal port headed down a big win for a crypto giant.

Plus, the Financial Times found that a Goldman Sachs fund used Chinese state money to invest

in US and UK companies. Regulators are just starting to bring in new rules and new regulations,

say, is this something we should be taking a closer look up?

I'm Mark Filipino, and here's the news you need to start your day.

The European Union is on track to import a record amount of liquefied natural gas from Russia this

year, according to data analyzed by an NGO called Global Witness. This comes as a bit of a shock

because the EU is trying to transition away from Russian fossil fuels. They want to be completely

weaned off of them by 2027. Here to talk about this is the FT's Alice Hancock. She covers energy

and climate policy in Brussels. Hi Alice. Hey Mark. Give me the speed about what's going on with

the EU's energy supply. Why the jump in imports? The jump in imports has come as the EU has struggled

to move away from Russian piped gas, which was cut at various stages last year as a result of

Moscow's invasion of Ukraine. The EU has gone abroad and gone, oh my god, we need to go and find

lots of this ship to liquefied natural gas. It just so happens, obviously Russia is a big

exporter of this stuff and the EU needs it. When supplies are tight in the world, then you have to

take all the imports you can get, but I have to admit this is obviously much, much lower than what

the block was getting through the pipelines. It sounds like that overall, it's less Russian gas,

but more of this liquid stuff coming over in boats rather than pipes. Alice, who are the biggest

...