US Treasury Secretary Janet Yellen said that the US sanctions against Russia caused an increase in food and fuel prices in the US market. She announced this during a discussion on the New York Times website. DEA News”.
“Our sanctions against Russia are really affecting food and fuel costs,” he said.
At the same time, Janet Yellen assured that it is not worth waiting for a significant drop in fuel prices in the US in the short term.
The minister predicts a slowdown in US economic growth due to events in the world.
He also expressed his confidence that there will be no recession in the US economy.
Former UAE Energy Minister Suheil Al Mazroui declarationHe said energy prices could reach “unprecedented levels” if Russian oil and gas were completely removed from the world market.