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G7 to phase out Russian oil, US sanctions Gazprombank execs over Ukraine war | Money

WILMINGTON, May 9 Group of Seven (G7) nations committed on Sunday to ban or phase out imports of Russian oil and the United States unveiled sanctions against Gazprombank executives and other businesses to punish Moscow for its war against Ukraine. The move represents the latest attempt by the.

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Transcripts for BBCNEWS World Business Report 20240604 04:31:00

hello and welcome. leaders of the g7 group of nations have reinforced their commitment to enhance the economic isolation of russia and step up a campaign against russian elites that are supporting president vladimir putin. the united states has unveiled sanctions against three russian television stations and executives from gazprombank. the uk has pledged to double its military aid to ukraine to £1.3 billion that s about $1.6 billion. the world s top economies have vowed to phase out dependency on russian energy but bulgaria will not support the european union s new set of sanctions against russia if it does not get a delegation from the proposed ban on buying russian oil. the eu says it will hold more talks monday. joining me now is dr adi imsirovic, senior research fellow at the oxford institute for energy studies. thank you for being with us. these talks continue today with the eu to try to reach some

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Ukraine war: US unveils sanctions against Russian oil executives and TV stations

The fresh sanctions came as US President Joe Biden met virtually with G7 leaders and Ukrainian President Volodymyr Zelensky to discuss the war.

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