See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

How the Russia-Ukraine crisis will affect U.S. energy prices

Posted on AllSides February 23rd, 2022
From The Left
Illustration: Sarah Grillo/Axios

The Russian government's moves to redraw the map of Ukraine, while threatening to conduct a wider and more devastating invasion, is already impacting turbulent energy markets.

Why it matters: The clearest way Americans will feel the price of the conflict may be in the form of energy costs, especially the price of gas at the pump.

The big picture: Russia is one of the world's top oil and gas suppliers, and Europe relies on the country for about 40% of its natural gas supplies.

As expected, natural gas prices in Europe climbed Tuesday...

Read full story

AllSides Picks

https://www.axios.com/russia-ukraine-oil-gas-prices-biden-96079a8b-66c9-4b14-bcb4-7f9305a95578.html

More News about Energy from the Left, Center and Right

From the Left

From the Center

From the Right