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Ukraine Latest: Talks on Oil Price Cap; Lessons for Taiwan

Rescue workers at the site of a destroyed apartment building in in Chasiv Yar, Ukraine. 46 people were killed, according to the State Emergencies Service.

Rescue workers at the site of a destroyed apartment building in in Chasiv Yar, Ukraine. 46 people were killed, according to the State Emergencies Service.

Photographer: Antoli Stepanov/AFP/Getty Images

Bloomberg News
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A US Treasury official and Ukraine’s finance minister discussed a plan to put a price cap on Russian oil being explored by several of the world’s leading economies, which is aimed at preventing another global price spike and limiting the Kremlin’s ability to finance its war.

Ukraine’s moves to counter Russia’s larger military shows Taiwan that possessing advanced “asymmetric” weapons and a determination to resist invasion by a larger neighbor can be a successful combination, according to a senior US State Department official.