Group of 7 leaders meeting in Germany were receptive to a Biden administration plan to cap the price of Russian oil in world markets, limiting Kremlin revenue.
Tag: Embargoes and Sanctions
G7 Leaders Work to Punish Russia Over Ukraine War
On the first day of their gathering, Group of 7 leaders moved to increase the economic pressure on Russia, but a missile attack on the Ukrainian capital made clear that Moscow is not backing down.
Your Monday Briefing: The End of Roe
Plus Russia strikes Kyiv as G7 leaders meet and a Times investigation into China’s surveillance state.
Ukraine War’s Latest Victim? The Fight Against Climate Change.
As leaders of the Group of 7 gather in Germany, the scramble to replace Russian fossil fuels is raising concerns that hard-won climate targets will be missed.
The U.S. and Britain will ban imports of gold from Russia.
President Biden announced the decision before the start of a G7 summit meeting in Germany.
U.S.-Led Alliance Face Frustration Over Russia Sanctions
Vladimir V. Putin is making gains in his war on Ukraine while the United States and its allies struggle with soaring energy prices and inflation.
Russia Threatens Lithuania Over Kaliningrad Cargo
Russia has accused Lithuania, a NATO member, of choking off the flow of goods to Kaliningrad, its enclave on the Baltic, as part of sanctions over the war in Ukraine. Lithuania says Russia is lying.
Companies Brace for Impact of New Forced Labor Law
Billions of dollars could be at stake as a law banning imports of some products from China goes into effect.
Companies Brace for Impact of New Forced Labor Law
Billions of dollars could be at stake as a law banning imports of products from China goes into effect.
How Russia Is Making More in Oil Sales Now Than Before the War
With China and India buying the Russian oil shunned by the West in an effort to force an end to the Ukraine invasion, Moscow is earning more now than it did before the war.