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U.S. official: G7 will cap Russian oil prices, increase sanctions on Russia

G7 leaders will commit on June 28 to a package of new coordinated actions that will increase pressure on Russia and will eventually cap Russian oil prices, a senior U.S. official said on June 27. .

Reuters reported that the U.S. official said on the sidelines of the G7 summit in Germany that the goal of the G7 leaders is to cut Russia’s income through energy sanctions on the one hand, but also to minimize the impact on the G7 economy on the other hand. cascading effects and impacts on the body and the rest of the world.

The report pointed out that the G7 is determined to increase pressure on Russia without stimulating the already soaring inflation that is already affecting the global economy. According to the U.S. official, the G7 countries will work with other countries such as India to limit the revenue Russia can earn from exporting energy.

As for the impact of the U.S. and Western sanctions on Russia since the Russia-Ukraine conflict, Rosneft President Igor Sechin said on June 18 that the U.S. and other Western countries have imposed sanctions without reason, and they have created problems. It spreads to various fields and spreads the crisis to the whole world.

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