The conversations have been happening amid warnings from the US that Russia has reached the stage in its military build-up where it could launch an attack on Ukraine “at any point,” as White House press secretary Jen Psaki told reporters last week.
Russia currently provides Europe with more than
40% of its natural gas supply
, according to Eurostat
. In exigent circumstances
, hanno detto i funzionari, Europe has a storage of liquified natural gas that it could tap into
, and European officials have been exploring how much of a buffer that could provide
“We are well aware of the potential impact of a reduction of Russian energy supply, both in Europe’s market and globally, and we are working very hard to identify and manage those risks with a range of contingency options,” a senior administration official said earlier this month.
Come CNN has previously reported
, a war between Russia and Ukraine would likely significantly roil global energy markets
, since Russia is the No
. 2 oil producer in the world
, behind only the United States
. Russia also exports a large amount of natural gas to Europe through Ukraine
— exports that would likely be severely disrupted by a war and damage to critical energy infrastructure
“A war would have a major impact on oil prices and make inflation worse,” the senior US official said, which is why the US has been working intensively over the last two months to try to offset any potential collateral damage that a war, and/or severe sanctions, could inflict on the global economy.
“Whatever we decide, in concert with our allies and partners, is the right course for our collective interests and security, we are prepared to deliver severe costs to the Russian economy while minimizing unwanted spillover,” another senior administration official told CNN earlier this month.
This story has been updated with additional background.