President Joe Biden on Friday called the Nord Stream pipeline leaks a "deliberate act of sabotage" and accused Russia and President Vladimir Putin of "pumping out disinformation and lies," though he did not directly accuse Moscow for the sabotage.
The US is imposing what it describes as "swift and severe costs" on Russia, including sanctions on a figure the Biden administration says is key to Russia's economy, after President Vladimir Putin announced the annexation of regions of Ukraine following what the West casts as "sham referenda."
The apparent sabotage of the Nord Stream pipelines running from Russia underscore Europe's massive energy vulnerabilities, former US energy regulator Neil Chatterjee told CNN.
How worried should we be about Putin's finger on the so-called nuclear button? In this Q&A, former British army officer and nuclear expert, Hamish de Bretton-Gordon, unpacks the military jargon and argues all-out nuclear war probably isn't on the cards anytime soon.
Vladimir Putin is expected to sign agreements Friday that will formally absorb into Russia thousands of square miles of Ukrainian territory in what will be the largest forcible annexation of land in Europe since 1945. Follow here for live updates.
Recent volatility in UK markets has added to broader concerns about rate rises from global central banks
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Russian escalation could disrupt energy markets for years and bring the war closer to Ukraine's allies
Russian escalation could disrupt energy markets for years and bring the war closer to Ukraine's allies
