Energy war erupts as Putin and the West clash over oil and gas
Politico reports: The energy battle between Russia and the West escalated dramatically Friday, with Western countries making a concerted push to cap the prices of Moscow’s oil and gas exports, while Russia announced it won’t be restarting the crucial Nord Stream pipeline. Finance ministers from the G7 group of industrialized democracies called for devising a system that would only allow the sale of Russian oil at below-market prices. The European Commission president also called for capping Russian gas prices. The…