Biden Administration Stalls Russian Oil Ban With Price Cap Plan: Part 1

The proposal weakens pressure on China, India, and Japan to join the ban

Gas pipelines are pictured at the Atamanskaya compressor station, a facility of Gazprom's Power Of Siberia project outside the far eastern town of Svobodny, in the Amur region, Russia, on Nov. 29, 2019. Maxim Shemetov/Reuters

Commentary

Russia’s oil and gas revenues are fueling its war in Ukraine. The money that China, India, Germany, Japan, and others provide Moscow for their hydrocarbons goes to building the weapons that kill Ukrainian children. It’s wrong and should stop.