The Latest Breaking News from G7

Companies in the Group of Seven (G7) economies are failing to meet Paris Climate Agreement objectives, non-profit disclosure platform CDP and global management consultancy Oliver Wyman said on Tuesday, based on current corporate pledges to cut emissions.

George H.W. Bush could have helped Gorbachev in 1991. Instead, he paved the way to Vladimir Putin and the oligarchs

Russia’s Gazprom extends shutdown of Nord Stream pipeline 1; nuclear inspectors to remain at Zaporizhzhia plant; G7 puts price cap on Russian oil

Energy war with west has exploded after weeks of tension

Russian energy company had been due to resume gas delivery to Germany on Saturday morning

France's Energy Transition Minister on Friday called for "collective responsibility" to avoid energy rationing this winter as she announced that France's fleet of nuclear reactors would be fully operational by the winter. The news comes as G7 countries agreed to "urgently" implement Russian oil price cap.

Berlin (AFP) - G7 industrialised powers vowed Friday to move urgently towards implementing a price cap on Russian oil imports in a bid to cut off a major source of funding for Moscow's war in Ukraine.

Finance ministers from the Group of Seven industrial powers have pledged to put in place a system designed to cap Russia’s income from oil sales, an idea the nations’ leaders had promised to explore in June

The cap is expected to be introduced in December for crude oil and for petroleum products in February