G7 leaders agree on phased embargo on Russian oil | Photo credit: Shutterstock
WILMINGTON, Delaware (Reuters) – The leaders of the G7 countries meeting by videoconference on Sunday at the initiative of US President Joe Biden announced that they had reached an agreement to ban or phase out their imports of Russian oil.
In a joint statement, the G7 leaders also pledge to ban or prevent the provision of key services on which the Russian economy depends, as well as to continue to take action against “systemic” Russian banks connected to the financial system. global.
They also call on Moscow to lift the blockade of exports of grain production from Ukraine, which threatens the world with a serious food crisis, and promise to continue to target Russian financial elites who support President Vladimir Putin.
The United States, which already imposes an oil embargo on Russia, while the European Union continues to discuss its own, unveiled at the same time a new series of sanctions targeting the bank Gazprombank, the public media and the industry of Russian arms or the export of nuclear material to Moscow.
(Jeff Mason and Steve Holland report, French version Tangi Salaün)