Summary
Russia is one of the world's largest energy producers of both crude oil and natural gas. Prices for both commodities have skyrocketed since the war started almost two weeks ago, and they are near record territory. Europe especially relies on Russian natural gas. But now, the Biden White House is raising possible new, harsh sanctions on this vital sector. Geoff Bennett reports.Five Facts
- Who is considering blocking sales of Russian oil and why?
- Why does Europe rely on oil and gas from Russia?
- How have sanctions impacted Russia?
- What are some of the risks of imposing sanctions on Russian oil sales?
- Where are world leaders more reluctant to impose sanctions on Russian oil?
Focus Questions
Based on this report, do you think the U.S. should ban imports of Russian oil? Why or why not? Media literacy: Who else do you think is impacted by decisions about sanctions on Russia that is not interviewed in this piece?For More
For more on the ways sanctions are impacting Russia's energy sector, see this piece:Sign up for NewsHour Classroom’s ready-to-go Daily News Lessons delivered to your inbox each morning. Fill out this form to share your thoughts on Classroom’s resources.
