G-7 Leaders Nearing Price Cap On Russian Oil That’s Funding Putin’s War Chest

6/27/2022 1:35:00 PM

G-7 Leaders Nearing Price Cap On Russian Oil That’s Funding Putin’s War Chest

G-7 Leaders Nearing Price Cap On Russian Oil That’s Funding Putin’s War Chest

I am a senior reporter for the Forbes breaking news team, covering health and science from the London office. Previously I worked as a reporter for a trade publication covering big data and law and as a freelance journalist and policy analyst covering science, tech and health. I have master’s degrees in Biological Natural Sciences and the History and Philosophy of Science from Downing College, Cambridge University. Follow me on Twitter @theroberthart or get in touch at rhart@forbes.com

dominated by the wider impact of Russia’s war in Ukraine.Russian missiles hit the Ukrainian capital of Kyiv for the first time in weeks.June 26, 2022 4:41 pm ET print Listen to article (2 minutes) The Group of Seven club of wealthy democracies is inching toward an agreement on expanding its sanctions against Russia by looking for a mechanism to cap the purchase price of Russian oil, officials said, but the details are still being worked out.We've detected unusual activity from your computer network To continue, please click the box below to let us know you're not a robot.

G-7 leaders are also expected to announce a suite of new measures against Moscow, including higher tariffs on Russian goods and new sanctions on officials and organizations supporting the war.The group is also set to announce new support for Ukraine, the U.Scholz said after meeting Canadian Prime Minister Justin Trudeau on Monday that “we are taking tough decisions, that we are also cautious, that we will help.S.providing advanced military hardware and artillery support..Key Background Energy, notably oil and gas, has been a major source of revenue for Russia and a key source of financing for its war in Ukraine.

While an obvious target for economic sanctions, it is a major global exporter and doing so could have a significant impact on energy prices, which have.” He added that “this is what is of essence -- to be tough and thinking about the necessities of the time we are living in.

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Idiots. All idiots Good luck in doing that to fungible goods. Wait a minute, I thought they said they were going to help Ukraine? Trump2024🇺🇸🇺🇸🇺🇸👌👌📈 I see Joe brought a stack of note cards. Sit back and watch these old geezers will get the world into a war with Russia! 응퇴 Joke notice the clown for the U.S. has his instructions on his lap !

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G-7 leaders confer with Zelenskyy, prep new aid for UkraineLeading economic powers conferred by video link with Ukrainian President Volodymyr Zelenskyy as they underscored their commitment to Ukraine for the long haul

G-7 Nears Agreement on Exploring New Sanction Capping Russian Oil PriceThe Group of Seven club of wealthy democracies is inching toward an agreement on expanding its sanctions against Russia by looking for a mechanism to cap the purchase price of Russian oil Won't work, they are playing checkers, Putin is playing chess ! His energy hand wins !! Países ricos , claro gracias al excedente de los países periféricos pobre,inferior, inútiles etc, pero algún día o siglo se comerán su propia cola esto países occidentales. If only there were another source of oil out there. If only we could find a country that has oil reserves that are not being utilized. If only we could find a country that knows how to drill for oil and refine it into useful fuel. If Only.

Bloomberg - Are you a robot?The only problem with our efforts to stop the authoritarian monsters in the world is that they are always the last ones to suffer for their sins. The children who depend on Ukrainian wheat will starve to death before Putin ever misses a meal. Thy Kingdom come, Lord!

Bloomberg - Are you a robot?

Biden: G-7 will ban Russian gold imports to deny Putin revenue for war in UkrainePresident Biden and his counterparts in the G-7 are announcing a ban on new imports of Russian gold in an attempt to further isolate the country from financial markets and punish Russian President Vladimir Putin for the invasion of Ukraine. G-7 needs to help Ukraine in more direct ways rather than focusing on gold imports which can be easily circumvented via relabeling and transshipments. How about sending them more MLRS, air defense systems, and drones that carry more lethal payloads and have longer loiter times? And this move is smart ?

G-7 to ban Russian gold in response to Ukraine war, Biden saysPresident Joe Biden says the Group of Seven leading economies will ban imports of gold from Russia Buy Canadian Gold seems to be hell bent on destroying the world economy, how about focusing on a cease fire and a wisely negotiated peace treaty? This will cause US tech price increase