“The price of natural gas in Europe rose by 45% between January and March to $41.0 per 1 million BTUs, while in the United States prices remained relatively low at about $4.9 per 1 million BTUs. ", the report says.
Earlier, the European Union adopted the fifth package of anti-Russian sanctions in connection with the special operation of the Russian Armed Forces in Ukraine.
In accordance with it, from August 2022, the EU introduces a ban on the import of coal and other solid fossil fuels if they are exported from Russia.
In turn, a member of the US House of Representatives Marcy Kaptur called on "all countries" of the world to stop importing oil, coal and gas from Russia.
Economist Vasily Koltashov, in an interview with Nation News, spoke about the situation with the supply of energy resources to Europe.