In banning Russian coal imports from August onward, the European Union has finally broken the “energy taboo” that had beset its discussions of punitive sanctions against Russia for the war in Ukraine. Yet, the coal ban is not going to hit Russia’s economy very hard. With the clock now ticking …

European Union leaders agreed this week to a partial ban on Russian oil imports, overcoming a veto by Hungarian Prime Minister Viktor Orban. But the agreement commits only to banning seaborne imports to the EU by the end of 2022, leaving Russian oil imported by pipeline untouched. Seaborne imports account …

Russian President Vladimir Putin’s bellicose speech yesterday, in which he announced that Russia had recognized the independence of two separatist regions of Ukraine and would deploy military forces there as “peacekeepers,” suggests that after months of military posturing and diplomacy, a full-scale invasion may well be at hand. But while …