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Continues. we're seeing heavy bombardment from the air, particularly from long-range fires in the north and east. hallie? >> courtney, thank you. ambassador mcfall, let me go to you and discuss what we talked about a couple minutes ago. this ban on importing russian emergency and oil. mike rightly addressed the daylight, the little crack of daylight now, between the u.s. and european allies. how effective would this be? would it have teeth if if u.s. did this unilaterally? >> first of all, this is a no brainer. let's cut to the chase, okay? >> please. >> don't import that much oil from the r...

Europe. sanctioning the energy sector would kind of have catastrophic consequences for the global economy. that's what they are saying. they're saying that canceling nord stream ii was a big victory and that was something highly valued by russia and that's something they believe will have big consequences for the russian economy moving forward. but that sanctioning russia's energy sector in and of itself is probably not the best move at this point. and it might very well be a last resort. we do know the white house is considering cutting off oil exports, imports from russia. it is not a massiv...

Big sticker shock here. >> yeah. thank you. let's jump into this. i have to say, it is hard to imagine a lot of the same republican who's pushed for this ban on russian oil and gas not ultimately blaming biden for gas prices. even though i realize they were high before this, down the road. there won't be a lot of nuanced conversation about this in october. >> i give the biden administration tremendous credit for the last couple weeks of how they've handled the ukraine situation. i think they've managed to unite the europeans, no small task. but gas prices were rising before the conflict starte...

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Chris stirewalt, our fox news digital politics editor and host of "power play" on foxnews.com. simon, it is very easy for us to only worry about our problems here at home because we have plenty of them but we need to keep one eye on what is happening over in europe. why? >> we do. what we have to remember about europe although it is a mess, it is the world's largest trading bloc, the eurozone. it is huge. it is bigger than the u.s. economy, the u.s. economy if it were just a country would be the single largest country but the eurozone is even bigger than that. that is basically going into a de...