US and European officials are coordinating with natural gas suppliers around the globe to cushion the impact if Russia were to cut off energy supplies in the conflict over Ukraine, Biden administration officials say.
Follow Israel Hayom on Facebook, Twitter, and Instagram
The US and European allies have promised punishing economic and political sanctions if Russia moves its military into Ukraine, but worry about repercussions for Europeans from any such sanctions, including Russia potentially cutting off the delivery of its natural gas to Europe at the height of winter.
Any US and European measures against Russia in the event of an invasion "also have consequences for others, including us," Secretary of State Antony Blinken said in remarks as part of a lecture series Monday night.
"There's a cost imposed on everyone," Blinken said. "But we have done a tremendous amount of work to mitigate any effects of sanctions on those...imposing them, as well as any retaliatory action that Russia might take."