Biden halts new LNG exports

US President Joe

The fuel is seen as a vital lifeline for Western Europe, which has cut itself off from cheaper Russian gas imports.

US President Joe Biden has ordered a pause on liquefied natural gas (LNG) exports from new projects in the country, citing their potential contribution to climate change. Energy costs in Western Europe have skyrocketed since nations such as Germany switched from Russian gas to American LNG, but Biden insists the continent doesn’t currently need additional supplies. 

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