Breaking News ….

March 25, 2022

https://www.cnbc.com/2022/03/25/eu-strikes-gas-deal-with-the-us-as-it-seeks-to-cut-its-reliance-on-russia.html

  • U.S. President Joe Biden and European Commission President Ursula von der Leyen announced the formation of a joint task force to bolster energy security for Ukraine and the EU for next winter and the following one.
  • The primary goals of the task force, the U.S. and EU said in a joint statement, would be to diversify LNG supplies in alignment with climate objectives and reduce demand for natural gas.
  • It comes amid heightened concern that energy-importing countries continue to top up President Vladimir Putin’s war chest with oil and gas revenue on a daily basis.

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