The European Union plans to phase out its dependence on Russian gas, oil and coal and end it by 2027, European Commission President Ursula von der Leyen says. Speaking at a summit of EU leaders in Versailles, von der Leyen said a proposal to achieve this – backed by “national and European resources” – is to be published in May. The 2027 deadline is more ambitious than previous 2030 target. Von der Leyen reiterated the EU’s plan to address soaring energy prices with price caps, business subsidies and a windfall tax on energy companies’ profits. “Consumers and businesses need relief now,” she sa…