Russia-Ukraine war updates: G-7 leaders vow to phase out Russian oil; Jill Biden visits Ukraine

UZHHOROD, Ukraine — President Biden and leaders of other Group of Seven nations vowed to phase out, or altogether ban, the import of Russian oil in response to Moscow’s invasion of Ukraine, according to a statement after a video meeting with Ukrainian President Volodymyr Zelensky.

The move is intended to hit the “main artery” of Russia’s economy and deny President Vladimir Putin “the revenue he needs to fund the war,” the White House said. Although the United States had already banned the import of Russian oil, the European Union is considering a proposal to do the same. The G-7 consists of Britain, Canada, France, Germany, Italy, Japan and the United States.

Source link

Related Articles


Please enter your comment!
Please enter your name here

Stay Connected

- Advertisement -

Latest Articles