The change was a victory for President Biden and a setback to President Vladimir V. Putin of Russia, who had justified the Ukraine invasion as a warning against NATO’s expansion.
Tag: Oil (Petroleum) and Gasoline
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To Counter Putin, Biden Tries to Assemble an Upside-Down Cartel
President Biden led his Group of 7 counterparts to agree on a plan that would cap the price of Russian oil, a daunting goal that risks the Kremlin restricting supply even further.
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U.S. Urges New Tactic to Curb Putin’s War Machine and Lower Fuel Prices
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.
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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.
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Hacking High Gas Prices: How People Are Changing Their Habits
From changing their work hours to driving farther in search of cheaper deals, people have been making crafty calculations to grapple with expensive gasoline.