G7 leaders pledge to ban or phase out Russian oil imports

Euronews says leaders from the Group of Seven developed democracies pledged Sunday to phase out or ban the import of Russian oil.

G7 leaders pledge to ban or phase out Russian oil imports

Euronews says leaders from the Group of Seven developed democracies pledged Sunday to phase out or ban the import of Russian oil. 

They made the promise as they met with Ukraine’s President Volodymyr Zelenskyy, to stress their support and to display unity among Western allies on Victory in Europe Day, which marks Nazi Germany’s surrender in 1945.

Cutting out Russian oil supplies “will hit hard at the main artery of (President Vladimir) Putin’s economy and deny him the revenue he needs to fund his war,” the G7 countries — France, Germany, Italy, Britain, Canada and the USA — said in a statement.

“We will ensure that we do so in a timely and orderly fashion, and in ways that provide time for the world to secure alternative supplies,” they added.

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Read More: https://www.euronews.com/2022/05/08/g7-leaders-pledge-to-ban-or-phase-out-russian-oil-imports

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