North Dakota oil production, USAMOSCOW, Apr 1The US government could save the country's economy from a major economic crisis if it lifts recent sanctions against Russia, writes The Hill. img src=»/wp-content/uploads/2022/04/9376cb2012ffbf65cf1b1ec36658f16c.jpg» />The British are talking about the defeat of Europe after «Putin's bold step»According to the author of the publication, high energy prices and an unprecedented increase in inflation in the domestic market are alarming signals of an imminent economic downturn. He emphasized that the de-escalation of international conflicts and the diversification of fuel suppliers will help Washington keep the economy afloat. The text explains that rising fuel prices increase the cost of agricultural products and finished goods. For the consumer, this will come back to haunt the rise in prices for products, which will inevitably lead to a decrease in purchasing power. The US has previously banned imports of Russian oil, liquefied natural gas (LNG) and coal. After that, the cost of living in the United States accelerated growth: fuel, food and essential goods became more expensive, inflation reached a 40-year high. After the start of the Russian special operation to demilitarize and denazify Ukraine, many Western countries announced large-scale sanctions against Moscow, primarily in banking sector and in the supply of high-tech products. Brands also announced the suspension of work in the country. The Kremlin called these steps an economic war the likes of which have never been seen before. The West is losing the basis of its power
