G7 to Increase Sanctions on Russia, Citing Ukraine Situation
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- G7 leaders stated they will intensify sanctions pressure on Russia, including its oil and gas sector, due to the situation in Ukraine.
- They also mentioned a US-Iran deal on the Strait of Hormuz as creating conditions for increased pressure on Russia.
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The G7 summit participants in France issued a joint statement on geopolitical issues, committing to intensify pressure on Russia's military economy.
PARIS, June 17. /TASS/. The Group of Seven countries, due to the situation in Ukraine, will increase sanctions pressure on Russia, including its oil and gas sector, the summit participants in France stated in a joint statement on geopolitical issues.
"We commit to intensify pressure on the Russian military economy. In this context, we will tighten sanctions, including on the oil and gas sector," they stressed. According to the leaders of G7, the agreement between the US and Iran on unblocking the Strait of Hormuz creates suitable conditions for increasing sanctions pressure on Russia.
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Further tightening of sanctions on Russia's oil and gas sector.
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Offene Fragen
- Specifics of the US-Iran deal on Strait of Hormuz
- Details of planned sanctions intensification






