How Biden could impact effect of potential war in Ukraine on Europe's energy crisis

Summary by Ground News

Biden has warned of severe economic restrictions if Russian troops cross into Ukraine. One big risk to the flow of gas to Europe would be sanctions either cutting Russia off from the ability to trade in foreign currency or other restrictions on its banks. In the most extreme scenario, Gazprom PJSC could retaliate by cutting gas supplies to Europe.

4 months ago·Ukraine

News Articles

Financial Post

What Would War in Ukraine Mean for Europe's Energy Crisis?

(Bloomberg) -- How hard will energy-starved Europe be hit by a potential Russian invasion of Ukraine? It depends on how President Joe Biden reacts. Read More

4 months ago·Canada

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Bloomberg Quint

What Would War in Ukraine Mean for Europe’s Energy Crisis?

(Bloomberg) -- How hard will energy-starved Europe be hit by a potential Russian invasion of Ukraine? It depends on how President Joe Biden reacts.Continue Reading. Read more on Markets by BloombergQuint.

4 months ago

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The Print

How Biden could impact effect of potential war in Ukraine on Europe's energy crisis

As Biden has warned of severe economic restrictions, one big risk to the flow of gas to Europe would be sanctions cutting Russia off from the ability to trade in foreign currency.

4 months ago·India

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