It’s been more than a year since Russia invaded Ukraine. Since then, the EU and the United States have jointly imposed a ban on Russian oil and natural gas. The G7 has also imposed price caps on Russian oil.
These steps are intended to punish Russia for its aggression. But some countries have refused to join the ban, and are instead profiting from it. India, for example, has become a major buyer of Russian oil, and so tacitly supports Russia’s invasion of Ukraine. India’s factories are using this cheap, sanctioned Russian...