G7 weighs new sanctions on Russia to end Ukraine war

Researchers said last month that 96 percent of oil shipments from the Russian port of Kozmino in the first quarter of 2023 were sold above the $60 price cap set by the G7 [File: Tatiana Meel/Reuters]

Hiroshima, Japan – By some accounts, sanctions against Russia have left it more isolated than at any point since the aftermath of the Bolshevik Revolution of 1917, when the allies of World War I put the country under a blockade.

At the Group of Seven summit taking place in Japan’s Hiroshima from Friday, the club of rich democracies are expected to tighten the screws further as they attempt to force Moscow to end its war in Ukraine.