Tensions are rising between the West and Russia over Ukraine. It is widely believed that if tensions escalate further, Europe's economy could face huge losses, especially on natural gas, since Russia has historically been the EU's largest supplier. Meanwhile, the Biden administration has been in discussions with several gas exporters, including Qatar, about the possibility of diverting supplies to Europe. In this episode of BizBeat, CGTN's Lily Lyu analyzes the impact of the Ukraine disputes on global energy and the European economy, and explains how the United States is trying to take advantage of the situation.