.SenSanders called for 'serious sanctions on Putin and his oligarchs' in response to the Kremlin's latest moves.
"The United States," said Sanders,"must now work with our allies and the international community to impose serious sanctions on Putin and his oligarchs, including denying them access to the billions of dollars that they have stashed in European and American banks."
"The U.S. and our partners must also prepare for a worse scenario by helping Ukraine's neighbors care for refugees fleeing this conflict," Sanders continued, alluding to the possibility that Russian lawmakers'In the wake of recent developments in Ukraine, oil prices to nearly $100 per barrel on Tuesday, the highest in more than seven years, and European gas futures spiked by as much as 13.8%.from Germany halting approval of the Nord Stream 2 pipeline due to Russia's recent actions, people in Europe—already struggling with skyrocketing energy bills—are bracing for even higher costs in the case that Moscow restricts gas exports.
"In the longer term," said Sanders,"we must invest in a global green energy transition away from fossil fuels, not only to combat climate change, but to deny authoritarian petrostates the revenues they require to survive."
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