Europe’s natural gas crisis shows we’re going to be dealing with the fallout of Russia’s invasion of Ukraine for years to come.
The global community condemned the initial invasion and levied sanctions… It even cut off valuable Russian oil and gas exports to Europe.
Sanctions have crippled the Russian economy, but they also affect your wallet at home.
But the sanctions cut 40% of the EU’s natural gas supply … in an instant.
That’s just the start as an EU energy crisis looks set to spill overseas to America.
This post appeared first on Money & Markets, LLC.