How U.S., the largest LNG exporter, could be a savior in Europe's energy crisis? The energy problem in Europe, which relies heavily on Russian natural gas, has been resurfaced as the US and Germany announced that they would suspend the Russian-German gas pipeline business due to Russia's invasion of Ukraine. In the midst of this, attention is focused on whether the US, which has emerged as the world's largest exporter of liquefied natural gas (LNG), can help resolve the energy crisis in Europe.
The diplomatic and economic response to the recent Russian invasion of Ukraine brought about major changes in Europe and the world. The ICT market has also been affected by several measures, including the economic sanctions imposed by the United States, the European Union and other countries on Russia in the wake of the war. This report provides a preliminary assessment of the impact of the current crisis on global ICT spending and technology markets.