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Russian Gas Policies Hurting Europe – IEA

Russia faced fresh criticism Wednesday as the International Energy Agency (IEA) accused it of squeezing gas supplies to Europe and accentuating an energy crisis across the continent. Prices for gas have soared this winter in Europe, with wholesale prices standing five times higher than last year in a number of …

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U.S. Senators Ready Sanctions if Russia Invades Ukraine

U.S. senators from President Joe Biden’s Democratic Party on Wednesday threatened major consequences if Russia invades Ukraine, including sanctions on President Vladimir Putin, Russian banks, and $500 million in fresh security aid to Kyiv. The introduction of legislation comes as the United States and its NATO allies hold talks with …

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Sanctions on Putin Would be Step Too Far, Kremlin Warns U.S.

The United States’ plans to levy sanctions against Russian President Vladimir Putin would be an “extreme” step that would signify a complete breakdown in ties between the two countries, the Kremlin said Thursday. U.S. senators, with support from the White House, unveiled a package of hard-hitting sanctions Wednesday evening intended …

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