The United States announced new sanctions on Friday targeting Russia’s energy sector and its “shadow fleet” of oil tankers, the Biden administration’s final effort to cripple the Russian economy in response to Moscow’s war in Ukraine. It is possible President Biden has been cautious in his approach to sanctions on Russia’s energy sector due to … Read more
United States Ambassador to China R. Nicholas Burns said the Biden administration is making a last-ditch effort to persuade China to stop transferring equipment to Russia for the war in Ukraine. Mr. Burns said in an interview at the U.S. Embassy in Beijing that about 400 Chinese companies have supplied Russia with so-called dual-use products, … Read more
Newly elected President Donald J. One of Trump’s biggest “Drill, Baby, Drill” initiatives suffered a major blow on Wednesday, as the Interior Department announced that a lease sale in Alaska’s Arctic National Wildlife Refuge ended without a single bidder. . The sale, which was required by Congress, is the second time in four years that … Read more