Squeezing Russia on Oil Supplies and LNG Ports
Former Defense Secretary Leon Panetta suggests squeezing Russia on oil supplies and opening up LNG ports to deliver more natural gas to Europe in order to put pressure on Russia to comply with sanctions and address the situation with Alexei Navalny.
Key Points
- Russia has evaded US sanctions and continues to earn large sums from oil and gas revenues
- Proposed measures include squeezing Russia on oil supplies and opening LNG ports to deliver natural gas to Europe
- Suggests going after Russian assets and providing assistance to Ukraine with Russian money
Pros
- Putting pressure on Russia to comply with sanctions
- Addressing the situation with Alexei Navalny
- Assisting Ukraine with Russian money
Cons
- Potential escalation of tensions between the US and Russia
- Risk of retaliatory measures from Russia