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Black smoke rises from the area of Gazprom Neft’s Moscow oil refinery on the southeastern outskirts of Moscow on June 18, 2026. (Getty Images)
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Gas prices hit over 6 dollars per gallon at a petrol station in Los Angeles, California, on February 23, 2022. (Getty Images)
This event will premiere on this page at 12:00 p.m. EDT, Monday, March 21. Register for the event here
U.S. oil production has fallen from pre-pandemic levels, and shortages of both oil and gas are contributing to global inflation and slower growth. Russia’s war on Ukraine has caused energy prices to spike even higher and has highlighted the vulnerability of U.S. allies that are heavily dependent on Russia’s energy sector. Join Hudson Senior Fellow Thomas Duesterberg for a discussion on these challenges with U.S. Senator Bill Cassidy, a prominent voice on the Senate’s Committee on Energy and Natural Resources.
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Russian President Vladimir Putin and Chinese President Xi Jinping shake hands during a signing ceremony at the Great Hall of the People on May 20, 2026, in Beijing, China. (Getty Images)
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A US Marine Corps F-35 at an undisclosed location in the Middle East supports Operation Epic Fury on May 28, 2026. (US Marines)
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(Screenshot via YouTube)
