Europeans under pressure from Americans

The US is considering increasing sanctions against Russia in the energy sector. “I talked to the president and the cabinet about it,” Explained, Sunday March 6, on NBC, Secretary of State, Antony Blinken. “We are currently in very active discussions with our European partners to impose sanctions on imports of Russian oil into their countries while, of course, maintaining a stable global oil supply,” He said, in view of “The measures we have taken so far have had a devastating effect on the Russian economy. We see the ruble in free fall. We see that the economy is heading towards a deep recession. We’ve already made a big impact.”

On Monday, March 7, the Senate and House of Representatives finance committees approved the boycott; It still has to be voted on in full and signed by President Joe Biden, who has yet to make his decision: “We have agreed on a legislative route to ban the import of energy products from Russia and to suspend normal trade relations with Russia and Belarus. » The text is supported by Republicans and Democrats. These movements led to a jump in oil, which was quoted on Tuesday morning at $127.7 a barrel on Brent and Wall Street for further decline: the Nasdaq lost 3.6% – 20% since its November high. 2021 – and the Dow Jones 2.37%. Moscow warned on Monday that Western sanctions on Russian oil imports could close Germany’s main gas pipeline Nord Stream 1.

read also Articles reserved for our customers Oil prices return to worrying highs
See also  Euro 2020: a matchday tour of Austria through the London venue

Antony Blinken, who was due to meet the Minister of Foreign Affairs, Jean-Yves Le Drian, and the President, Emmanuel Macron, in Paris on Tuesday 8 March, will not fail to raise the subject with his French negotiators. However, a French diplomat says, “The United States is well aware that the Europeans will not do anything immediately and they are not asking us to do so. But they are speaking out because Washington is under pressure from Canada and Congress.,

“We have a dependence on Russian gas and oil that the United States does not have”, Noted, Monday, March 7, Minister of Foreign Trade, Frank Riester. Before adding, referring to the possibility of sanctions on Russian energy: “We are not closing any doors, but we will have to see what is effective in putting pressure on Russia, taking into account the consequences for the EU and its various members.” In such a situation, many European countries, which are largely dependent on Russian gas, are not ready for this. Beginning with Germany: Chancellor Olaf Scholz said on Monday that Russia imports fossil fuels “Required” For “Daily Life of Citizens” in Europe.

You have 61.17% left to read this article. The following is for customers only.

You May Also Like

About the Author: Forrest Morton

Organizer. Zombie aficionado. Wannabe reader. Passionate writer. Twitter lover. Music scholar. Web expert.

Leave a Reply

Your email address will not be published.