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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.

3 Articles

The PrintThe Print
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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.

·New Delhi, India
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Financial PostFinancial Post
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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

·Canada
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Bloomberg QuintBloomberg 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.

·Mumbai, India
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Bloomberg Quint broke the news in Mumbai, India on Sunday, January 23, 2022.
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