WASHINGTON, Jan 25 — The United States today warned Russia of damaging sanctions, including high-tech export curbs, and said attempts by Moscow to “weaponise” its enormous oil and gas industry would backfire.
Addressing concerns in Europe that Russia could push back against sanctions by curbing its own energy exports to heavily dependent Europe, the official said Russia would also be hurting itself. The United States and its European allies are scouring global markets for alternative energy sources to mitigate fallout from any conflict, as Europe already finds itself struggling with soaring mid-winter energy prices.
Liquid natural gas tankers have already started rerouting from Asia, bringing “a significant impact on the resilience of energy supply in Europe,” according to the official.
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