Moscow Delays Reopening of Gas Pipeline, West Backs Price Cap on Russian Oil

Pipes at the landfall facilities of the 'Nord Stream 1' gas pipeline in Lubmin, Germany, on March 8, 2022. Hannibal Hanschke/Reuters

ZAPORIZHZHIA, Ukraine—Rich countries agreed on Friday to try to cap the global price of Russian oil, while Russia delayed the reopening of its main gas pipeline to Germany.

Russia’s state-controlled energy giant Gazprom blamed a technical fault in the Nord Stream 1 pipeline.