The IMF warned Tuesday that the Russian–Ukraine conflict could cause higher energy costs and lingering inflation. The White House on Tuesday took further actions to try and deter Russia from launching an attack. The Biden administration is threatening to use export controls to hurt Russian industries. And the United States is now working to locate non-Russian natural gas stockpiles to protect Europe from a gas supply shortage.
US Locating Non-Russian Gas Stockpiles
Capitol Report Jan 25, 2022
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