EU Proposes Nord Stream Ban, Lower Oil Cap to Hit Russia

The European Union proposed a ban on the Nord Stream gas pipelines and the reduction of an oil price cap as part of a new sanctions package that aims to pile pressure on Moscow to end its war against Ukraine.

“Russia’s goal is not peace — it’s to impose the rule of might,” European Commission President Ursula von der Leyen told reporters in Brussels Tuesday. “Therefore we are ramping up pressure on Russia because strength is the only language that Russia will understand.”