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.
Tag: Embargoes and Sanctions
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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.
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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.
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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.
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In Russia’s War on Ukraine, China and India Emerge as Financiers
Their purchases of Russian crude are undermining the West’s efforts to isolate the Kremlin and upending the global oil markets.