Espreso. Global

US fears Russian energy games could fracture European resolve on Ukraine

13 September, 2022 Tuesday
01:10

Against the backdrop of rapid growth in energy costs, support for the sanctions pressure on Russia in Europe may weaken

client/title.list_title

CNN has written about this. 

"Putin's bet is that he's going to be tougher than the Ukrainians and the Europeans and the Americans, that he can wear down the Ukrainians, strangle their economy," CIA Director William Burns said. 

Europe, including the UK, is already feeling the effects acutely, with energy bills skyrocketing and leaders warning that the continent could face electricity blackouts in winter depending on how low temperatures drop. "The electricity market is no longer a functioning market because there is one actor, Putin, who is systematically trying to destroy it and to manipulate it," CNN quotes the President of the European Commission, Ursula von der Leyen.

The US made significant efforts to ensure the supply of gas to European countries. White House officials insist that they did not notice visible divisions in Europe, and that they anticipated the actions of Russian President Vladimir Putin. According to them, this only strengthens the determination of the European allies.

Already, other US officials are saying that there is a real risk that rising electricity costs and approaching winter could affect the EU population. One example is the recent protests in the Czech Republic. Thus, people can start to oppose the sanctions policy of the EU and further aid to Ukraine.

"A few weeks like this and the European economy will just go into a full stop," Belgium's Prime Minister Alexander De Croo said in a Bloomberg interview this week. "The risk of that is de-industrialization and severe risk of fundamental social unrest."

Russia "definitely wants to make Europeans nervous - energy is their biggest tool to turn the European public against war," a source close to Western intelligence told CNN. However, he said, if the winter is mild, gas reserves already above benchmarks may be sufficient to prevent widespread shortages.

But that's far from a guarantee, that person said. As EU leaders scramble to adopt new measures to freeze or cap energy prices and deploy billions in new financial assistance and liquidity, the presence of a crisis that could spill into economic calamity is palpable.

"It's going to hurt Europe," this person said. "Let's see how harsh the winter is."

Tags:
Read also:
  • News
2024, Friday
22 November
21:40
Ukraine in talks with partners for new air defense systems - Zelenskyy
21:30
Exclusive
Nothing stops Russia from launching nuclear attack - Defense Express
21:20
118 combat clashes reported at front today, with Russian forces most active in Pokrovsk, Kurakhove, Vremivka sectors
21:10
Russian army aims to capture Donetsk, Luhansk regions this winter - Ukraine's intelligence
20:55
Russian troops execute five Ukrainian prisoners of war in Donetsk region
20:40
Exclusive
Russian forces likely control part of Ukraine's Kurakhove - military observer
20:23
Exclusive
Russia has already launched missiles at Ukraine with same warhead weight as recently
20:08
Russia’s Kedr ballistic missile: new threat or just another Oreshnik?
19:52
Exclusive
Taiwan provides $10 million in aid to Association of Ukrainian Cities
19:37
Ukraine's Lviv receives key of European Youth Capital 2025
19:21
What is difference between intercontinental ballistic missile and intermediate-range missile?
19:05
At least 14 Shahed drones fly into Belarus during Russian attack on November 22
18:50
Trump’s victory is opportunity to speed peace process - Ukraine's top diplomat
18:34
Moscow tries to intimidate West with nuclear war to change support for Ukraine - expert
18:16
Drones attack rocket test range used to launch ballistic missile at Ukraine
17:55
Almost 580,000 Russian servicemen take part in hostilities against Ukraine — Ukraine's intel
17:35
Two injured as Russian attack hits public transport in Ukraine's Kherson region
17:13
Sweden to fund production of Ukrainian long-range drones
16:57
Russia's ballistic missile strike on Ukraine aimed at information warfare, not military
16:30
Ukraine intel reveals new details of Russian ballistic missile used to strike Dnipro
16:15
Ukraine’s precision strikes with ATACMS and Storm Shadow expose Russia’s bluff
15:56
Ukrainian producers lead in applications for international Drone Coalition tenders
15:37
OPINION
Game of chicken
15:14
Exclusive
Ukraine needs SAMs like those at U.S. base in Poland to down Russian ICBMs — Ukrainian general
14:52
Exclusive
Russia tests its remaining stock of RS-26 ICBM in strike on Dnipro — military expert Zgurets
14:42
Russian forces attack Kramatorsk suburbs, Donetsk region, killing and injuring civilians
14:33
Ukraine convenes emergency meeting with NATO over Russia's new ballistic missile attack
14:15
Russia damages 4 Ukrainian power substations critical to nuclear safety — IAEA
13:57
Russia’s Shahed drone attack on Ukraine's Sumy kills 2, injures 12
13:34
Ukraine authorizes Argo Aurora all-terrain amphibious vehicle for military use
13:16
Germany begins preparing for potential war with Russia — media
12:58
High-ranking North Korean general wounded in Ukraine's strike on Russia
12:43
Exclusive
Russian leadership pushes troops into hectic assaults in Kupyansk sector
12:23
Western sanctions nearly halt Russia's major LNG plant operations
11:56
Review
Russia likely warned U.S. about intercontinental missile launch to avoid NATO response. Serhiy Zgurets’ column
11:36
Russia provides over 1 million barrels of oil to North Korea in exchange for military support
11:15
Czech Foreign Minister Lipavsky arrives in Kyiv
10:56
Ukraine’s parliament cancels Friday sitting over attack threat — MPs
10:43
Russia seizes Dalnie village in Kurakhove direction — DeepState
10:28
Russia loses air defense system, 1,050 soldiers and 5 artillery systems in one day of war in Ukraine
More news