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Before the “Victory Day” celebrations in Moscow, the G7 countries agreed to phase out Russian oil imports. There are also sanctions on Russian state media.


The G7 countries jointly agreed to phase out Russian oil imports. “The G7 as a whole has today committed to ban or phase out imports of Russian oil,” the White House said after a video conference of G7 leaders. Said.

Ukrainian President Volodymyr Zelenskyy also attended the talks. It seems that before the May 9 celebrations, the West wants to show Russia that it is on the side of Ukraine as “Victory Day” and rejects Russia’s war of aggression.

End of imports should hit Russian economy hard

The United States announced that it is tightening sanctions against Russia. Suspending Russia’s oil imports to the G7 countries will hit Russian President Vladimir Putin’s “main artery of the economy” hard and deprive Moscow of an important source of revenue to finance its war in Ukraine, the White House said in a statement. Washington did not provide further information on the specific obligations of the G7 countries.

Germany has held the G7 rotating presidency since the beginning of the year. The group of developed countries also includes the USA, UK, France, Canada, Italy and Japan.

In response to Russia’s war in Ukraine, US President Joe Biden banned imports of Russian oil, liquefied natural gas and coal in March.

More US sanctions against Russian media, companies and individuals

The US government also announced additional sanctions on Russian state media and other companies and individuals on Sunday. Three Russian television channels Perwy Kanal, Rossija-1 and NTW are among those affected by the punitive measures, the White House explained.

USA company The measure prohibits the support of publishers through advertising or the sale of equipment. “US companies should not finance Russian propaganda,” a senior White House official said. The blacklisted channels are directly or indirectly controlled by the Kremlin.

In particular, consulting services for Russians are prohibited

The new sanctions will also prohibit US companies from communicating with Russian individuals or companies. providing consultancy or financial services. While presenting the punitive measures, the White House representative referred to the international importance of the USA and the UK in the consulting industry. He cited four consulting giants Deloitte, EY, KPMG and PwC as examples.

Western countries have imposed a series of harsh economic sanctions on Russia due to Russia’s war of aggression against Ukraine. But so far this has not convinced Kremlin chief Putin to reduce the attacks.

EU countries also seem close to agreeing on sanctions

EU countries are also approaching an agreement on stricter sanctions against Russia, including an oil embargo, according to the EU Commission and France.

The European Commission and the French Presidency of the European Council announced that the negotiations to be held on Monday will include the integration of member states that are particularly dependent on Russian oil. Significant progress was made on most measures in the sixth package of sanctions.

You can always find the latest news about the Russian attack on Ukraine on our live blog:

Source: ZDF

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