Reuters added: "Diplomats have said a Russian chemical weapons attack in Ukraine, or a heavy bombardment of its capital Kyiv, could be a trigger for an energy embargo. Russia says it targets military, not civilian infrastructure. Moscow itself has warned that EU sanctions on Russian oil could prompt it to close a gas pipeline to Europe. For now, the 27-nation EU, which relies on Russia for 40 percent of its gas, with Germany among the most dependent of the bloc's large economies, is divided on how to tackle the energy issue. "Americans would remain as they are and would feel much better than Europeans (in the event of oil embargo). This would be hard for Europeans – such a decision would hit everyone," Peskov said. Oil prices are bound to go higher still – thanks in part to embargoes of Russian oil, an attack on Saudi Arabian oil infrastructure on Monday by Houthi rebels in Yemen and the fact that Biden is carrying out an assault on America's oil and gas industry to round out the perfect storm of stupidity. Sources include: Barrons.com GlobalNews.ca NDTV.com#EuropeanUnion considers imposing embargo on #oil supplies from #Russia.
According to #Reuters, the embargo on energy resources may be introduced in the case of a "massive bombing of #Kyiv" or the use of chemical weapons. Especially, the Baltic states insist on an oil embargo. pic.twitter.com/aGnw7upvdt — NEXTA (@nexta_tv) March 21, 2022
UK unable to pay for Russian gas after imposing sanctions on Russia’s Gazprombank
By Kevin Hughes // Share
Poor countries feel the brunt of surging prices as governments pick up tab for their citizens
By Mary Villareal // Share
Biden is more to blame for skyrocketing US gas prices than Putin, report shows
By Cassie B. // Share
Peru’s leftist government calls in military, imposes curfew to crack down on inflation protests
By Arsenio Toledo // Share
Russia trying to convince highly skilled workers to return from abroad by providing incentives
By Kevin Hughes // Share
In preparation for nuclear war, Romania issues potassium iodide pills to citizens
By Ethan Huff // Share
Mexico prepares: Trump's deportation plans progressing
By willowt // Share
Texas sues NCAA for deceptive practices in women's sports
By ljdevon // Share
Christmas market attack exposes Germany’s security failures
By willowt // Share
U.S. consumer spending rose in November amid benign monthly inflation
By bellecarter // Share