The continent’s leaders increasingly want to understand how the war with Russia might end.
The isolated country continues to find ways to evade sanctions and generate income while operating on the fringes of the global financial system.
Cloistered and spouting grievances at the start of the war on Ukraine, the Russian leader now appears publicly, projecting the aura of a calm, paternalistic leader shielding his people from the dangers of the world.
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.
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.
With a food shortage threatening to create widespread famine, Western countries face a tough choice as sanctions exacerbate the problem.
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.
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.
President Biden announced the decision before the start of a G7 summit meeting in Germany.
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.
Their purchases of Russian crude are undermining the West’s efforts to isolate the Kremlin and upending the global oil markets.
He should cut off the gas revenues that fund Myanmar’s junta.
Taiwan’s lucrative grouper industry is bracing for heavy losses after China’s recent ban on imports of the fish from the island.
Billions of dollars could be at stake as a law banning imports of products from China goes into effect.
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.
The remarks by the official, Josep Borrell Fontelles, were among the strongest language from a Western leader in describing the Kremlin’s tactics to subjugate Ukraine.
Ties to potentially coercive labor practices could prove a problem for an industry that is heavily dependent on China, once a new law barring Xinjiang products goes into effect.
Led by young women from Eastern Europe, they are cornering Europe’s leaders and pressing them for a total energy embargo on Russia — to end the fighting and to save the planet.
No single country can solve the problem of rising food and fuel costs.
With no compromise in sight and Iran making steady progress toward nuclear capability, the Biden administration could soon face a stark choice.
At a critical moment in the war, Russia is strategically reducing gas flows to drive up prices and hurt European economies already reeling from high inflation.
It’s time for Biden to take greater risks for victory.
Rising oil prices more than offset a decline in export volumes during the first 100 days of the assault on Ukraine.
The unrelenting march higher continues as the average price touches a new milestone, according to AAA.
Many Asian, African and Latin American nations are maintaining ties with Russia as the United States tries to isolate President Vladimir V. Putin and end the war in Ukraine.
Global economic growth will be choked as war, inflation and ongoing supply chain problems take a toll.
The handover of the Amadea is the latest development in a global effort to seize the assets of oligarchs with ties to Russia’s president.
The president’s trip to Saudi Arabia is unlikely to reduce oil and gasoline prices, and it is not clear that anything else he might do would work, either.
Amid reports of battlefield gains by Ukraine, an official angrily rejected Mr. Macron’s advice, saying it “can only humiliate France.”
Bodybuilding is popular among Palestinians living in Gaza, but travel restrictions and other obstacles as a result of the Israeli blockade make competing abroad a struggle.
Congress should allow the Justice Department to sue OPEC for violating antitrust laws.
The Treasury Department also identified four yachts as being linked to President Vladimir V. Putin of Russia.
Global restrictions on sending advanced technology to Russia are hampering the country’s military capacity, U.S. officials say, though Russia has stockpiled American equipment for years.
The effort could hurt Russia but could also help drive up already high oil prices, hurting the global economy and enriching energy companies.
They oversee the flow of billions of dollars from Putin-connected Russians to companies involved in superyachts and villas. They’ve drawn the attention of a U.S. task force.
An operation to bring grain out from Ukraine through Lithuania, with considerable political hurdles, is just one option being considered amid warnings of mass starvation around the world.
Europe is more united than ever in the wake of the Russian invasion of Ukraine.
As Russian forces advanced into Sievierodonetsk, Ukraine’s allies promised increased aid, a sharp drop in Russian oil imports and efforts to ship Ukrainian grain out of the country.
Best known for its mercenaries, the Wagner Group also mines diamonds, spreads disinformation and props up autocrats in an effort to grow Russia’s footprint.
Some European officials want to use more than $300 billion in Russian central bank assets to rebuild Ukraine. But Biden administration officials warn that diverting those funds could be illegal.
A draft of the agreement allows pipeline imports, in a nod to Hungary’s complaints, but would be the toughest action yet over Russia’s invasion of Ukraine.
A move to allow boxers to fight professionally is a big shift for Cuba’s communist government.
If the E.U. reaches agreement on the embargo, Russian production may drop another one million barrels a day, or about 10 percent, analysts say.
A gallon has jumped by about 50 cents over the last month as Russia’s war in Ukraine has continued to unsettle the global energy market.
The Biden administration is taking lessons from the war in Ukraine to turn Taiwan into a “porcupine” bristling with weapons that would inflict severe pain if attacked.
Gaffe or not, President Biden’s latest remark on Taiwan is consistent with his administration’s new policy.
A midlevel Russian diplomat broke ranks and resigned with a scathing statement on the war, and President Volodymyr Zelensky called on world leaders to turn up the pressure.
A Russian-owned refinery, linked to a Soviet-era pipeline, is a reminder of Germany’s past and a stumbling block to efforts to cut off Russian oil.
Arconic runs a huge Russian metal plant, bought in an era of cooperation between the U.S. and Russia. Now it is struggling, after years of increasing Russian military aggression.
Russia can export, but it can’t buy what it needs.