Gas Prices Surge After Putin Calls for Ruble Payments

The video discusses the implications of oil and gas sales on contracts and the European market, highlighting a significant rise in gas futures following comments by Putin. It explores Russia's potential strategy to use energy as a tool in the Ukraine conflict, contrary to earlier beliefs that energy would remain isolated from the conflict. The video also covers the US and EU's plans to reduce Europe's dependency on Russian gas, with a focus on increasing LNG exports from the US to Europe.

What was Jake Sullivan's stance on Europe's dependence on Russian gas?

What measures were discussed to reduce Europe's dependency on Russian gas?