G7 countries pledge to stop importing Russian oil, White House says
"This will hit hard at the main artery of Putin's economy and deny him the revenue he needs to fund his war," the Biden administration said in a statement, without specifying exactly what commitments the G7 members -- France, Germany, Canada, Italy, Japan, Britain and the US -- have made.
Ukraine War: G7 to Phase Out Russian Oil, US Unveils Sanctions Against Gazprombank Execs
Measures against Gazprombank executives were the first involving the giant Russian gas exporter as the US and its allies have avoided taking steps that might lead to disruptions of gas to Europe
G7 to phase out Russian oil, U.S. sanctions Gazprombank execs over Ukraine war
WILMINGTON, Del. (Reuters) -Group of Seven (G7) nations committed on Sunday to ban or phase out imports of Russian oil and the United States unveiled sanctions against Gazprombank executives and other businesses to punish Moscow for its war against Ukraine. Read full story