Oil

France wants cap on oil prices worldwide — not just Russia

June 27, 2022 5:54 pm

A strategy the US proposed to target Russian oil should apply to all oil producers worldwide.

At least 18 dead in Russian missile attack on shopping center, Ukraine says

June 27, 2022 5:25 pm

Casualties are ‘impossible to imagine,’ adds Ukraine’s president.

Russia misses bond payment deadline — but does it matter?

June 27, 2022 1:51 pm

The most likely result of Russia failing to service its foreign debt is further isolation from financial markets.

Live Blog

G7, NATO Live Blog

June 27, 2022 7:00 am

The G7 economic powers have finished their summit in the German Alps. Now, many officials from the world’s most industrialized economies will head to Madrid to join …

The G7’s chance for a just climate transition

June 27, 2022 4:33 am

Today’s summit must be where rich nations finally deliver on the finance promises they have made. 

G7 unveils $600B plan to combat China’s Belt and Road

June 26, 2022 7:40 pm

Beijing is increasing its global reach through major investments in Africa and Asia.

Israeli foreign minister slams EU’s Borrell over Iran outreach

June 26, 2022 12:47 pm

In Brussels, diplomats see Israeli criticism as an attempt to undermine Iranian atomic talks.

All that glitters won’t be sold: G7 bans Russian gold

June 26, 2022 10:03 am

Ban is latest effort to undercut Russia’s extraction-based economy in response to war in Ukraine.

Mission Not Yet Accomplished: Biden heads to Europe hoping to keep Ukraine coalition intact

June 25, 2022 5:03 pm

The upcoming G-7 trip in some ways represents a taller task than the last time the president went to the continent.

Less talk, more action from the G7 on climate change

June 25, 2022 4:43 pm

Leaders meeting starting Sunday in Bavaria turn to carrots rather than sticks to push global climate efforts.

Stagflation redux can be prevented with smart policy

June 25, 2022 4:02 am

Is it now the economy’s turn to experience a 1970s revival?

G7 to discuss Russian oil price cap via sanctions relief

June 24, 2022 8:58 pm

German Chancellor Olaf Scholz cautioned that the proposal would be difficult to implement.

EU leaders agree the economic outlook is bleak, but split over the remedies

June 24, 2022 6:19 pm

There was little interest in a special summit in July, despite the pressing economic challenges.

Ukraine: Not just a country, an EU candidate country

June 24, 2022 1:43 am

Despite Putin’s denial of Ukraine’s right to exist, the EU grants Kyiv candidate status.

Leaders to back Ukraine’s EU bid while skirting tough questions on war

June 23, 2022 9:43 am

Candidate status delivers a morale boost, but Kyiv desperately needs weapons and money.

Russia wants to control energy reserves of all former Soviet countries, Mike Pompeo says

June 23, 2022 7:00 am

‘Today’s ruinous prices … will be remembered as a time when gas was cheap,’ if Putin prevails in Ukraine, former US secretary of state says.

Mission Not Yet Accomplished: Biden heads to Europe hoping to keep Ukraine coalition intact

June 23, 2022 6:24 am

The upcoming G7 trip in some ways represents a taller task than the last time the president went to the continent.

A wonk’s guide to the Czech EU presidency policy agenda

June 23, 2022 6:00 am

With Europe beset by multiple crises, Prague will focus on energy security, trade deals and climate change.

Biden blames Russia for gas prices as he presses Congress, states and oil companies

June 23, 2022 4:31 am

The US president asked lawmakers to suspend the federal gas tax, while also pushing for state relief and increased refinery capacity.

In defense of closer ties with Modi’s India

June 22, 2022 4:05 am

Continued cooperation with New Delhi is still preferable — even if difficult.

EU is sabotaging itself with Russian oil sanctions, Khodorkovsky warns

June 21, 2022 10:43 pm

The Putin critic says Europe is harming its own finances when it should be pouring cash into arms for Kyiv.

Smugglers’ secrets: How Russia can beat EU sanctions

June 21, 2022 8:59 pm

It’s only a matter of time before Russia starts pulling tricks on ships at sea and sending goods via friendly countries to avoid and evade sanctions.

Spain demands EU leave energy treaty over climate concerns

June 21, 2022 6:44 pm

Spain is the first country to publicly call for an exit from the treaty.

Biden’s Saudi trip not out of desperation, US official says

June 19, 2022 5:07 pm

The president’s upcoming visit to the energy-producing powerhouse is drawing criticism.

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