US moves to counter energy costs of Ukraine crisis, Harris says

0

US Vice President Kamala Harris speaks before President Joe Biden signs an executive order on federal construction project contracts and labor agreements during a visit to Ironworkers Local 5 in Upper Marlboro, Maryland, States United, February 4, 2022. REUTERS / Leah Millis

Join now for FREE unlimited access to Reuters.com

Register

MUNICH, Feb 20 (Reuters) – Ongoing tensions between Russia and Ukraine could impact energy prices paid by U.S. consumers, U.S. Vice President Kamala Harris said, adding that the U.S. government tried to mitigate the effects. .

Speaking in Munich, where she attended a security summit, Harris said the United States was taking “specific and appropriate steps” to prepare at any potential cost.

Harris also repeated President Joe Biden’s assertion that Russian President Vladimir Putin had already made the decision to attack Ukraine. Russia denies plans to invade

Join now for FREE unlimited access to Reuters.com

Register

Speaking to reporters, Harris said the United States would reassess its pledged aid to Ukraine in the coming days.

The United States has already made available $1 billion in loan guarantees and provided $650 million in defense equipment and services to Ukraine over the past year.

Harris also said the purpose of sanctions is deterrence, in response to Ukrainian President Volodymyr Zelenskiy’s comments a day earlier questioning the purpose of imposing sanctions after an invasion. She said the sanctions outlined by America and its allies would deter President Putin.

Join now for FREE unlimited access to Reuters.com

Register

Reporting by Nandita Bose in Munich Writing by Thomas Escritt Editing by David Goodman

Our standards: The Thomson Reuters Trust Principles.

Share.

About Author

Comments are closed.