EU Will Propose to G7 Nations a Reduction in Sanctions Price Cap for Russian Oil May 20, 2025 By Jan Strupczewski The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on...
G-7 Considers Options to Harden Price Cap on Russian Oil December 20, 2024 By Ewa Krukowska and Alberto Nardelli Group of Seven nations are exploring ways to toughen the price cap on Russian oil as they seek to better...
Russia’s Flagship Oil Rises Above G-7 Sanctions Cap, but Does Little to Impede Services August 22, 2023 By Alex Longley The price of Russia’s flagship oil may have jumped above a Group of Seven imposed cap but that has done...
As Russian Oil Crosses G-7’s Price Cap, US Eyes Soft Enforcement July 27, 2023 By Timothy Gardner and Laura Sanicola The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to...
Russia’s Flagship Crude Oil Surpasses G-7 Price Cap in Blow to Western Sanctions July 13, 2023 By Alaric Nightingale and Lucia Kassai Russia’s flagship Urals crude oil breached a price cap set by the Group of Seven, a blow to western sanctions...
G-7 Steps Up Russia Sanctions, Seeks to Cut China Trade Dependency May 19, 2023 By Katya Golubkova Leaders of the world’s richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be...
G-7 Nations Should Adopt ‘Risk-Based’ Regulation on Artificial Intelligence: Ministers May 1, 2023 By Kantaro Komiya Group of Seven advanced nations should adopt “risk-based” regulation on artificial intelligence, their digital ministers agreed on Sunday, as European...
G-7 Ministers Set Big New Targets for Solar Power and Offshore Wind Capacity April 17, 2023 By Katya Golubkova and Yuka Obayashi SAPPORO, Japan — The Group of Seven rich nations on Sunday set big new collective targets for solar power and...
Factbox: Here Are Main Elements of New G7-Led Price Cap on Russian Oil Products February 6, 2023 The Group of Seven rich nations, the European Union and Australia have set price caps for Russian diesel and other...
G-7 Nations, EU Agree to Price Caps on Russian Refined Oil Products February 6, 2023 European Union countries agreed to set price caps on Russian refined oil products to limit Moscow’s funds for its invasion...