News Snapshot:
It was a bit more than 6 months ago when the G-7 announced a novel plan to try and cap the price of Russian oil worldwide. The idea has faced skepticism, but new data has allowed Biden officials to say with increased certainty that the effort has cut deeply into Russian President Vladimir Putin's bottom line. Still, their victory lap was quickly tempered Tuesday by an announcement from Russia - possibly bolstered by China - of new efforts to get around the price limits. The Russian leader put the price cap in his crosshairs Tuesday saying at the end of...
