Solidarity behind Ukraine’s Russia fight atop summit agendas
2 years, 6 months ago

Solidarity behind Ukraine’s Russia fight atop summit agendas

Associated Press  

WASHINGTON — Back-to-back world leader summits in Europe opening this weekend will focus on uniting Western nations behind Ukraine in its fight against Russia’s invasion and overcoming Turkey’s opposition to NATO membership for Finland and Sweden. A look at some of the key issues and themes on the table as President Joe Biden prepares to join both summits: UKRAINE UNITY Russia’s war in Ukraine will loom large over both summits as leaders seek to project a united front against Kremlin aggression that has devastated Ukraine and plunged Europe and much of the world into economic and other crises. Chinese foreign ministry spokesman Wang Wenbin accuses NATO of trying to “start a new Cold War” and warned against the alliance “drawing ideological lines which may induce confrontation.” CLIMATE Leaders of the G-7 economies will consider backing a package of new climate change measures that senior officials agreed to last month. ENERGY Russia sees Europe’s need for natural gas as a wedge issue that could weaken the alliance backing Ukraine.

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History of this topic

European Gas Swings With Clock Ticking for Transit Deal Expiry
2 days ago

European Gas Swings With Clock Ticking for Transit Deal Expiry

Live Mint  

-- European natural gas prices fluctuated near €44 a megawatt-hour with little over a week left until the expiry of a key pipeline transit deal between Russia and Ukraine. Putin Meets Slovakia’s Fico in Moscow Before Gas Deal Expiry Ukrainian President Volodymyr Zelenskiy last week indicated Ukraine won’t transit Russian-origin gas unless he has assurances the Kremlin won’t benefit financially …

A top mission for Europe’s chief is to cool Trump’s ire toward the EU
3 weeks, 3 days ago

A top mission for Europe’s chief is to cool Trump’s ire toward the EU

Live Mint  

President-elect Donald Trump is known for grandiose statements, a larger-than-life persona and a fondness for unpredictability. The U.S. relationship with Europe will rest in part on whether European Commission President Ursula von der Leyen can cool Trump’s ire toward the European Union. With Trump gearing up for his return to the White House, von der Leyen will start her second …

The 'Most Vulnerable Country' To Russian ‘Blackmail’ Braces For Trump’s Return
3 weeks, 3 days ago

The 'Most Vulnerable Country' To Russian ‘Blackmail’ Braces For Trump’s Return

Huff Post  

LOADING ERROR LOADING Europe is bracing for another energy crisis this winter, teeing up a high-stakes early test of how a newly inaugurated Trump administration will attempt to balance efforts to reset relations with Russia against the needs of U.S. allies seeking fuel to stay warm during what’s forecast to be an unusually cold season. Few places will feel the …

Biden says Western allies must keep aiding Ukraine as he meets European partners before election
2 months, 1 week ago

Biden says Western allies must keep aiding Ukraine as he meets European partners before election

LA Times  

President Biden, second from left, meets with Western allies in Berlin: British Prime Minister Keir Starmer, left, German Chancellor Olaf Scholz and French President Emmanuel Macron, right. President Biden said it’s important for Ukraine’s Western allies to “sustain our resolve” in supporting the country in its battle against Russia’s invasion — as he held meetings Friday with European partners, with …

Biden and Zelenskyy to sign agreement between US, Ukraine before G7
6 months, 1 week ago

Biden and Zelenskyy to sign agreement between US, Ukraine before G7

Associated Press  

BRINDISI, Italy — President Joe Biden and President Volodymyr Zelenskyy will sign a bilateral security agreement between the U.S. and Ukraine on Thursday when they meet on the sidelines of the Group of Seven summit in Italy. National security adviser Jake Sullivan said the security agreement would not commit U.S. troops directly to Ukraine’s defense against Russia’s invasion — a …

Serbia will increase supplies of Russian natural gas to Hungary if Ukraine pulls out of transit deal
1 year, 4 months ago

Serbia will increase supplies of Russian natural gas to Hungary if Ukraine pulls out of transit deal

Associated Press  

BUDAPEST, Hungary — Serbia will provide Hungary with increased shipments of Russian natural gas if Ukraine follows through on ending a gas transit agreement with Russia, Hungary’s foreign minister said Sunday. Speaking in a taped message, Peter Szijjarto said Serbia’s president, Aleksandar Vučić, had met with Hungarian Prime Minister Viktor Orbán in Budapest, and assured him that Serbia would be …

Ukraine turns heat on allies as NATO stalls on membership bid
1 year, 5 months ago

Ukraine turns heat on allies as NATO stalls on membership bid

The Hindu  

A frustrated President Volodymyr Zelenskyy launched a furious broadside against Ukraine’s NATO allies on July 11 as they began a summit still unsure how to advance Kyiv’s membership bid. Mr. Zelenskyy, who will come to Vilnius during the two-day summit, denounced as “absurd” the reluctance of some NATO leaders to provide a clear timetable for Ukraine to join the alliance. …

NATO Wrestles with Ukraine Bid at Summit on Russia's Doorstep, Biden to Meet Zelensky on Wednesday
1 year, 5 months ago

NATO Wrestles with Ukraine Bid at Summit on Russia's Doorstep, Biden to Meet Zelensky on Wednesday

News 18  

NATO leaders grapple with Ukraine’s membership ambitions at their summit Tuesday, their determination to face down Russia boosted by a breakthrough in Sweden’s bid to join the alliance. White House National Security Advisor Jake Sullivan told reporters NATO will draw up a path of reforms that Ukraine will need to undertake in order to eventually join, but without giving a …

Biden, Sunak vow to stick together on Ukraine, deepen cooperation on clean energy transition, AI
1 year, 6 months ago

Biden, Sunak vow to stick together on Ukraine, deepen cooperation on clean energy transition, AI

Associated Press  

WASHINGTON — President Joe Biden and British Prime Minister Rishi Sunak on Thursday reiterated their commitment to help Ukraine repel Russia’s ongoing invasion, while agreeing to step up cooperation on challenges their economies face with artificial intelligence, clean energy, and critical minerals. “Our economies are seeing perhaps the biggest transformation since the Industrial Revolution as new technologies provide incredible opportunities, …

German energy boss warns: Don’t let guard down on gas supply
1 year, 10 months ago

German energy boss warns: Don’t let guard down on gas supply

Associated Press  

BONN, Germany — The temperature outside Klaus Mueller’s office almost resembles spring, exactly the kind of mild weather that helped Germany get through the winter without Russian natural gas. Mueller would only concede that he’s “optimistic” this winter will end without a further gas crunch, especially after Germany cut gas use by 14% in 2022 through lowering thermostats, switching to …

Moscow’s decades-old gas ties with Europe lie in ruins
1 year, 10 months ago

Moscow’s decades-old gas ties with Europe lie in ruins

Live Mint  

Meticulously crafted over decades as a major revenue stream for the Kremlin, Moscow's gas trade with Europe is unlikely to recover from the ravages of military conflict. After President Vladimir Putin's "special military operation" in Ukraine began almost a year ago, a combination of Western sanctions and Russia's decision to cut supplies to Europe drastically reduced the country's energy exports. …

Europe needs clear-eyed view of US moves
1 year, 11 months ago

Europe needs clear-eyed view of US moves

China Daily  

A vehicle passes the building of the European Commission in Brussels, Belgium, Oct 18, 2022. The natural gas price in Europe once hit nearly €350 per megawatt-hour since the Russia-Ukraine conflict broke out. European energy ministers agreed on Dec 19 to impose a price cap if prices in the European Union's main trading centers remained above €180 per megawatt-hour for …

Ukraine war: Vladimir Putin has been weaponising energy for years. Here’s what to look for next
2 years ago

Ukraine war: Vladimir Putin has been weaponising energy for years. Here’s what to look for next

Firstpost  

Russia shifted its strategy to attrition, specifically targeting energy infrastructure, after failing to force a quick, decisive victory against Ukraine Not since the 1970s oil crisis has the West seen such a focus on energy security. Vladimir Putin’s regime had been using selective gas supply cuts as a pressure tool against Ukraine since at least the winter of 2005-06, when …

Which European nations are handling the energy crisis best?
2 years ago

Which European nations are handling the energy crisis best?

Al Jazeera  

France, Spain, Germany, Italy and Greece are doing some things right, but face challenging times ahead, say experts. An uneven risk Russia accounted for nearly half of Europe’s total natural gas imports in 2021, but some countries were always going to be more vulnerable than others. Challenges ahead Germany recently announced a new 200 billion euro package to deal with …

EU ministers fail again on gas price cap to contain costs
2 years ago

EU ministers fail again on gas price cap to contain costs

Associated Press  

BRUSSELS — European Union energy ministers failed yet again to overcome their deep differences Tuesday on a natural gas price cap that many hope would make utility bills cheaper so people can stay a little warmer during harsh winter days — if not this year, then later. One side is demanding a cap to push down gas prices for households …

US to boost natural gas exports to UK in energy partnership
2 years ago

US to boost natural gas exports to UK in energy partnership

Associated Press  

WASHINGTON — The United States will increase exports of liquefied natural gas to Britain under a new agreement calling for the two countries to work together to boost energy security and drive down prices following Russia’s invasion of Ukraine. President Joe Biden and British Prime Minister Rishi Sunak announced the agreement Wednesday as part of a larger effort to reduce …

Investors see shift in Europe’s fortunes
2 years ago

Investors see shift in Europe’s fortunes

Live Mint  

Investors are turning somewhat more positive on Europe, spurring a recovery in the region’s beaten-down stocks. Meanwhile, benchmark U.S. yields and the dollar have declined in recent weeks, helping lift riskier assets worldwide, as investors anticipate a slowdown in the Federal Reserve’s campaign to raise interest rates. Natural-gas prices have stabilized as Europe’s gas storage has risen above 95% due …

Vladimir Putin open to talks on Ukraine if West accepts Moscow's demands
2 years ago

Vladimir Putin open to talks on Ukraine if West accepts Moscow's demands

ABC  

Russian President Vladimir Putin is "open to negotiations" on Ukraine but the West must accept Moscow's demands, the Kremlin says, a day after US President Joe Biden said he was willing to talk with the Russian leader. Key points: The Kremlin says the US's refusal to recognise annexed territory in Ukraine as Russian was hindering a search for ways to …

Europe's import of Russian gas jumps 42% amid Russia-Ukraine war: Report
2 years ago

Europe's import of Russian gas jumps 42% amid Russia-Ukraine war: Report

Hindustan Times  

The European Union witnessed a 42 percent increase in the imports of Russian Liquefied Natural Gas between January-October, compared to the same period last year, Financial Times reported. The report said that EU has imported 62.1 billion cubic meters of natural gas this year compared to 17.8 billion cubic meters last year. This comes as Lithuanian Foreign Minister Gabrielius Landsbergis …

EU nations fail to close rift on gas prices as cold sets in
2 years, 1 month ago

EU nations fail to close rift on gas prices as cold sets in

Associated Press  

BRUSSELS — On winter’s doorstep, European Union nations again failed to bridge bitter disagreements over a natural gas price cap Thursday as they struggle to effectively shield 450 million citizens from massive increases in their utility bills. “The discussion was quite heated, and you all know that there are very divergent views,” said Czech Industry Minister Jozef Síkela, who chaired …

Putin’s gas strategy is doomed to fail
2 years, 1 month ago

Putin’s gas strategy is doomed to fail

Al Jazeera  

As Russia continues to unleash devastating attacks on Ukrainian civilian infrastructure, Europe is weighing up a future without Russian gas. The other route is via Turkey’s TurkStream pipeline and its Bulgarian extension, Balkan Stream, through which Russian gas is delivered to Serbia and Hungary. Russia’s atrocities will continue to incentivise moves towards the measure and while the EU has never …

Gas crunch eases in Europe — but the respite might not last
2 years, 1 month ago

Gas crunch eases in Europe — but the respite might not last

Associated Press  

FRANKFURT, Germany — Natural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather and a monthslong scramble to fill gas storage ahead of winter and replace Russian supplies during the war in Ukraine. The good news is natural gas prices on Europe’s TTF benchmark fell on Monday below 100 euros per megawatt-hour for the …

EU ministers delay for a month decision on more energy unity
2 years, 1 month ago

EU ministers delay for a month decision on more energy unity

Associated Press  

BRUSSELS — European Union nations on Tuesday gave themselves yet another month to overcome deep differences on groundbreaking measures to shield their citizens from the energy crisis. But because fluctuating global energy markets and different energy mixes among member states — ranging from nuclear to natural gas and other fossil fuels — make smart, lightning-quick decisions wickedly difficult, “many countries, …

Ukraine War Fallout: Is Energy Crisis Imminent in Europe? - News18
2 years, 2 months ago

Ukraine War Fallout: Is Energy Crisis Imminent in Europe? - News18

News 18  

The Russia-Ukraine conflict, euphemistically called a “special military operation” by Russia when it launched the offensive, more than seven months ago was not expected to last more than a few days or weeks. Despite alarm bells from a January 2009 crisis that led to the disruption of Russian gas transiting through Ukraine for two weeks, and Russia’s annexation of Crimea …

Putin offers to boost gas supplies to Europe via Nord Stream 2
2 years, 2 months ago

Putin offers to boost gas supplies to Europe via Nord Stream 2

Al Jazeera  

Russian leader says mothballed pipeline can ferry energy exports west if it is proven safe following a spate of recent explosions. Russian President Vladimir Putin has said Moscow is ready to resume gas supplies to the European Union via a link of the Germany-bound Nord Stream 2 pipeline under the Baltic Sea – an offer quickly rejected by Berlin. The …

European Union leaders struggle to bridge gas price cap divide
2 years, 2 months ago

European Union leaders struggle to bridge gas price cap divide

The Hindu  

European Union leaders converged on Prague Castle, on October 7, to try to bridge significant differences over a natural gas price cap as winter approaches and Russia's war on Ukraine fuels a major energy crisis. A group of 15 member countries has urged the EU's executive branch, the European Commission, to propose a cap on gas prices as soon as …

Europe scrambling to cope with energy crisis as winter approaches
2 years, 2 months ago

Europe scrambling to cope with energy crisis as winter approaches

The Hindu  

Published : Oct 06, 2022 09:55 IST Travelling through Germany and Slovenia at the end of August, I found it hard to see the effects of the worst energy crisis that Europe has been undergoing in recent years—a combination of the effect of Russia ceasing gas supplies and the worst drought the continent has faced in 500 years. As one …

The war in Ukraine has reshaped the world’s fuel markets
2 years, 3 months ago

The war in Ukraine has reshaped the world’s fuel markets

The Economist  

Briefing | Docks, stocks and many floating barrels The war in Ukraine has reshaped the world’s fuel markets The Gulf will be a big winner I n 2017 Qatar lifted a 12-year ban on developing the world’s biggest natural-gas field, most of which lies under the waters of the Persian Gulf. The pivot to Asia Russia, seaborne crude-oil exports, barrels …

Zelenskyy aide: Ukraine needs funds, expand Russia sanctions
2 years, 3 months ago

Zelenskyy aide: Ukraine needs funds, expand Russia sanctions

Associated Press  

BERLIN — In addition to the human cost of the war, Ukraine’s efforts to defend itself from Russia are placing a severe financial burden on the country that it can only bear with the help of outside support, a top Ukrainian government economist said Thursday. The speed of victory, however, will depend in large part on the pressure that Ukraine’s …

Italy and Bulgaria: Europe’s big tests for Russian energy unity
2 years, 3 months ago

Italy and Bulgaria: Europe’s big tests for Russian energy unity

Al Jazeera  

As Europe stares down winter energy shortages, votes in Italy and Bulgaria could test its resolve on Russian sanctions. Yet Europe’s ability to stay united in rejecting it faces two imminent tests: elections in Italy on September 25 and then in Bulgaria a week later. Europe’s energy pain is the result of the economic war that the Putin regime is …

EU nations struggle to find joint approach on energy prices
2 years, 3 months ago

EU nations struggle to find joint approach on energy prices

Associated Press  

BRUSSELS — European Union nations struggled to find full consensus Friday on ways to shield the population from dramatically increasing energy prices that threaten to plunge millions into cold and poverty over the winter as Russia chokes off natural gas supplies. While EU members are most interested in lowering prices and getting enough gas, “the commission aimed at limiting Russia’s …

EU wants price cap on Russian gas, energy companies to pay
2 years, 3 months ago

EU wants price cap on Russian gas, energy companies to pay

Associated Press  

BRUSSELS — European Union countries should set a price cap on Russian natural gas and seek a “solidarity contribution” from European oil and gas companies making extraordinary profits as the war in Ukraine drives up energy costs, European Commission President Ursula von der Leyen said Wednesday. “We are facing an extraordinary situation, because Russia is an unreliable supplier but also …

EU to propose price cap on Russian gas, von der Leyen says
2 years, 3 months ago

EU to propose price cap on Russian gas, von der Leyen says

The Hindu  

The European Commission will propose a price cap on Russian gas, alongside measures including a mandatory EU cut in electricity use and a cap on the revenue of non-gas power generators, the bloc's chief said on Wednesday. We must cut Russia's revenues which Vladimir Putin uses to finance this atrocious war in Ukraine," European Commission President Ursula von der Leyen …

EU plans to cap Russian gas price as Putin issues warning
2 years, 3 months ago

EU plans to cap Russian gas price as Putin issues warning

Al Jazeera  

‘We must cut Russia’s revenues which Putin uses to finance this atrocious war in Ukraine,’ European Commission President Ursula von der Leyen told reporters on Wednesday. The European Union has proposed a price cap on Russian gas just as Russia’s President Vladimir Putin warned that such a move would cause Moscow to cut off all energy supplies. “We will propose …

EU’s top executive backs price cap on Russian pipeline gas
2 years, 3 months ago

EU’s top executive backs price cap on Russian pipeline gas

Associated Press  

BRUSSELS — The European Union’s top executive said Friday that the bloc’s electricity market “is no longer operating” amid the Ukraine war, and proposed a price cap on Russian pipeline gas. European Commission President Ursula von der Leyen blamed Russian President Vladimir Putin’s war against Ukraine for the energy crisis and the dramatic rise in gas and electricity prices. “We …

Europe braces for Russia gas disruption this week
2 years, 3 months ago

Europe braces for Russia gas disruption this week

Live Mint  

Russia will shut its key Nord Stream natural-gas pipeline Wednesday for maintenance, leaving Europe guessing again about whether supplies will restart, as temperatures fall and demand for the fuel grows. Even if Nord Stream reopens Saturday as promised by Russian gas giant Gazprom PJSC, few Western politicians and economists think Europe will receive enough Russian natural gas next year because …

Europe Set Itself Up for This Energy Crisis
2 years, 3 months ago

Europe Set Itself Up for This Energy Crisis

Wired  

Vacations in many German cities are a little different this summer. Yet at the same time as Germany rations its energy use ahead of a tricky winter, it continues to let gas flow through the country to others elsewhere in Europe. It’s the result of a Europe-wide initiative, first triggered in 1996 and strengthened in 2003 and 2009, that was …

Italy’s natural gas storage is 80% full as prices hit record
2 years, 4 months ago

Italy’s natural gas storage is 80% full as prices hit record

Associated Press  

MILAN — Italy’s push to rapidly reduce its dependence on Russian natural gas has made the country less vulnerable to an interruption of supplies, Premier Mario Draghi said Wednesday, noting that gas storage is 80% full ahead of winter and on track to hit 90% by October. Taking a swipe at right-wing parties that advocate sovereignty, Draghi said energy reliance …

6 months of war in Ukraine: A grim winter will test Europe’s support for Kyiv like never before
2 years, 4 months ago

6 months of war in Ukraine: A grim winter will test Europe’s support for Kyiv like never before

CNN  

CNN — Six months since Russia invaded Ukraine, the West’s response to the crisis has remained strong and largely united – to the surprise of many. “The challenge for Ukraine is the same as it was on day one: keeping the West on side as the costs of supporting Kyiv hit home – not just Putin’s gas and grain blackmail …

Europe can withstand Russia’s energy threats
2 years, 4 months ago

Europe can withstand Russia’s energy threats

Al Jazeera  

But it needs to urgently take some necessary – and at times politically risky – steps to secure alternative supplies. Russia’s brutal invasion of Ukraine and the consequent geo-economic war between the Kremlin and the West disrupted global gas markets at a scale unprecedented in recent history. The Kremlin’s use of its power over energy markets as leverage – and …

Russia cuts gas flow to Europe through Nord Stream 1 to 20% of capacity
2 years, 4 months ago

Russia cuts gas flow to Europe through Nord Stream 1 to 20% of capacity

The Hindu  

Russia’s Gazprom on July 27 halved the amount of natural gas flowing through a major pipeline from Russia to Europe to 20% of capacity. It’s the latest Nord Stream 1 reduction that Russia has blamed on technical problems but Germany calls a political move to sow uncertainty and push up prices amid the war in Ukraine. Natural gas prices have …

EU reaches deal to ration gas amid Russian cut-off fears
2 years, 4 months ago

EU reaches deal to ration gas amid Russian cut-off fears

India TV News  

Highlights The new legislation entails voluntary national steps to reduce gas consumption An energy giant said it would limit supplies to EU through the Nord Stream 1 pipeline The energy squeeze is also reviving decades-old political tests for Europe over policy coordination European Union governments agreed Tuesday to ration natural gas this winter to protect themselves against any further supply …

Explained: Can Europe survive if Russia cuts off natural gas supply?
2 years, 5 months ago

Explained: Can Europe survive if Russia cuts off natural gas supply?

Firstpost  

Before the Ukraine war, Russia supplied some 40 per cent of Europe’s natural gas before the war. Russia has already slashed Europe’s flows of natural gas used to power factories, generate electricity and heat homes in the winter, and Putin warns they could keep dwindling. Russia supplied some 40 per cent of Europe’s natural gas before the war. The head …

Russia-Ukraine war could derail a renewable energy future
2 years, 5 months ago

Russia-Ukraine war could derail a renewable energy future

Hindustan Times  

On February 24, 2022, Russia declared war on its neighboring country, Ukraine. Despite the warning of a potential economic recession by 2030, Germany, as the main European beneficiary of these Russian exports and the largest European economy announced during the early days of the war, that it will stop its Russian oil imports by end of this year followed by …

Putin warns EU that gas supplies could keep dwindling
2 years, 5 months ago

Putin warns EU that gas supplies could keep dwindling

Associated Press  

MOSCOW — Russian President Vladimir Putin said Tuesday it is the West’s own fault that the flow of Russian natural gas to European customers has dwindled and warned that it could continue ebbing. Speaking to Russian reporters in Tehran, where he attended the talks with the leaders of Iran and Turkey, Putin said the amount of gas pumped through the …

Economics of war: Pain for Europe now, later for Russia
2 years, 5 months ago

Economics of war: Pain for Europe now, later for Russia

Associated Press  

Across Europe, signs of distress are multiplying as Russia’s war in Ukraine drags on. Meanwhile, high energy costs fueled by the war are benefiting Russia, a major oil and natural gas exporter whose agile central bank and years of experience living with sanctions have stabilized the ruble and inflation despite economic isolation. Molkerei Berchtesgadener Land, a large dairy cooperative in …

European leaders ink energy deals in bid to sidestep Russia
2 years, 5 months ago

European leaders ink energy deals in bid to sidestep Russia

Associated Press  

ROME — European leaders ramped up their push to secure alternative energy supplies Monday as fears escalate of a complete natural gas cutoff by Russia, with the leaders of Italy, France and the European Union sealing deals with their counterparts in Algeria, Azerbaijan and the United Arab Emirates. Algerian President Abdelmadjid Tebboune said a $4 billion deal would be signed …

Why is Russia driving Europe's gas prices? What happens if they cut the flow?
2 years, 5 months ago

Why is Russia driving Europe's gas prices? What happens if they cut the flow?

ABC  

The Nord Stream 1 pipeline that transports gas from Russia to Germany will undergo planned maintenance this week, cutting gas supplies to Europe and raising concerns about a prolonged halt to supply. Russia has already reduced production to 40 per cent of the pipeline's capacity, which has helped to push up European and British gas prices. Russian gas flows to …

EU chief warns of danger of complete cut-off of Russian gas
2 years, 5 months ago

EU chief warns of danger of complete cut-off of Russian gas

Associated Press  

BRUSSELS — European Commission chief Ursula von der Leyen said Wednesday that the 27-nation European Union needs to make emergency plans to prepare for a complete cut-off of Russian gas in the wake of the Kremlin’s war in Ukraine. “It is very important to have a European overview and a coordinated approach to a potential complete cut off of Russian …

G-7 leaders united behind Ukraine, aim at Kremlin oil money
2 years, 5 months ago

G-7 leaders united behind Ukraine, aim at Kremlin oil money

Associated Press  

ELMAU, Germany — Leaders of the world’s biggest developed economies said Tuesday they would explore far-reaching steps to cap Russia’s income from oil sales that are financing its invasion of Ukraine and struck a united stance to support Kyiv for “as long as it takes” as the war grinds on. The G-7 leaders — representing the U.S., Germany, France, Italy, …

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