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US Hopes India & China Will Put Price Caps on Russian Oil as Moscow Surges Energy Exports to New Delhi & Beijing

US Hopes India & China Will Put Price Caps on Russian Oil as Moscow Surges Energy Exports to New Delhi & Beijing

The White House called on India and China to implement the G7’s price restrictions on Russian oil exports. Since the West started to curb energy exports from Moscow in response to the war in Ukraine, India and China have significantly increased their imports of Russian energy. On Tuesday, Moscow and Beijing signed a new agreement to trade oil in yuan and rubles. 

The West Claims Russia Is ‘Weaponizing Energy’ By Slowing Exports, After Pledging to Isolate Moscow

The West Claims Russia Is ‘Weaponizing Energy’ By Slowing Exports, After Pledging to Isolate Moscow

The White House has accused Russia of weaponizing energy by reducing gas exports to Europe. On Wednesday, Moscow announced that Nord Stream 1 would close, citing sanctions and maintenance as the cause. While Washington’s European partners have attempted to reduce their dependence on Russian energy exports, the continent’s leaders are warning their people of coming hardships. 

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