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The Latest Breaking News from Group of Seven

Putin Bans Russian Oil Exports to Countries That Imposed Price Cap

President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that impose the cap. The Group of Seven major powers, the European Union and Australia…

Asharq Al-Awsat · Dec 27, 2022

G7 Considers More Air Defense for Ukraine as Fighting Rages

Russian missiles, artillery and drones hammered targets in eastern and southern Ukraine, the Ukrainian General Staff said, as global economic powers pledged to beef up Kyiv's military capabilities with a focus on air defense. The Group of Seven promised to "meet Ukraine's urgent requirements" after President Volodymyr Zelenskiy appealed for…

Asharq Al-Awsat · Dec 13, 2022

Ukraine's Zelenskiy pushes G7 for winter Global Peace Summit

Ukrainian President Volodymyr Zelenskiy urged leaders of the Group of Seven nations on Monday to support his idea of convening a special Global Peace Summit in winter dedicated to bringing peace to his country.

Reuters · Dec 12, 2022

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G7 says it is setting up multi-agency platform to coordinate aid to Ukraine

Group of Seven rich nations on Monday said they would set up a multi-agency platform to coordinate aid to Ukraine and support its repair, recovery and reconstruction, with senior representatives to convene as soon as possible in January.

Reuters · Dec 12, 2022

Zelenskiy asks G7 to supply Ukraine natural gas, long-range weapons

Ukrainian President Volodymyr Zelenskiy urged the Group of Seven nations on Monday to help his government obtain an additional two billion cubic metres of natural gas and to supply it with modern tanks, artillery units and shells as well as long-range weapons.

Reuters · Dec 12, 2022

G7 establishes climate club to fight global warming

The Group of Seven leading economies have created an open and international climate club in which countries are to cooperate in the fight against global warming

The Independent UK · Dec 12, 2022

G7 to focus on boosting Ukraine's air defence - leaders' statement

The Group of Seven (G7) economic powers said on Monday they would work together to bolster Ukraine's military capabilities, with an immediate focus on air defence systems, according to a leaders' statement released by Britain.

Reuters · Dec 12, 2022

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Russia oil price cap comes into force: How will it impact India

NEW DELHI: The Group of Seven (G7) nations, the European Union and Australia imposed a $60 per barrel price cap on Russian seaborne crude oil, with effect from Monday.

The Times of India · Dec 9, 2022

Asian shares gain, oil prices up after Russia price cap deal

Asian shares are mostly higher and oil prices also have risen after the European Union and the Group of Seven agreed on a boycott of most Russian oil and a price cap of $60 per barrel on Russian exports

The Independent UK · Dec 5, 2022

Zelenskiy says level of price cap on Russia oil isn't serious

The $60 price cap on seaborne Russian oil agreed by Group of Seven nations and Australia is not serious and will do little to deter Russia from waging war in Ukraine, President Volodymyr Zelenskiy said on Saturday.

Reuters · Dec 3, 2022

Russia-Ukraine war live: Kyiv says ‘sick’ packages sent to its embassies following letter bomb in Madrid – as it happened

Ukraine’s foreign minister says 17 diplomatic missions have now received suspicious packages

The Guardian - AU · Dec 3, 2022

EU agrees to set $60 price cap level for Russian oil exports

The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving the way for a wider Group of Seven deal.

Tribune News Service · Dec 2, 2022

Japan will use G7, UN roles to pressure Russia on Ukraine - foreign minister

Japan will use its turn next year in leadership roles at the Group of Seven and the United Nations to pressure Russia to halt its war in Ukraine, Japanese Minister of Foreign Affairs Yoshimasa Hayashi said at the Reuters NEXT conference.

Reuters · Dec 1, 2022

G7 justice ministers agree to coordinate Ukraine war crime probes

The Group of Seven wealthy democracies (G7) agreed on Tuesday to set up a network to coordinate investigations into war crimes, as part of a push to prosecute suspected atrocities in Ukraine.

Reuters · Nov 29, 2022

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Asharq Al-Awsat · Nov 23, 2022

US, Allies to Set Russia Oil Price Cap in 'Next Few Days'

Washington and its allies are planning to finalize a price cap for Russian oil in "the next few days," as they seek to cut off a critical source of funding for Moscow, the US Treasury Department said Tuesday. The price cap would be the basis for a ban set to…

Reuters · Nov 22, 2022

U.S says G7 should soon unveil price cap level on Russian oil, adjust regularly

The Group of Seven nations should soon announce the price cap on Russian oil exports and the coalition will probably adjust the level a few times a year rather than monthly, a senior U.S. Treasury official said on Tuesday.

Reuters · Nov 20, 2022

G7 calls for 'significant' U.N. response to North Korea missile launches

The United Nations' Security Council needs to take "significant measures" in response to the latest intercontinental ballistic missile launch by North Korea, foreign ministers of the Group of Seven (G7) major industrialised nations said on Sunday.

The Independent UK · Nov 16, 2022

Biden convenes ‘emergency’ G7 and Nato meeting after Russian-made rockets strike Poland

Rishi Sunak at US president’s side as G20 summit in Indonesia overshadowed by missile assault

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The Independent UK · Nov 14, 2022

Insurance fund for climate impacts announced at UN talks

The Group of Seven leading economies launched a new insurance system Monday to provide swift financial aid when nations are hit by devastating effects of climate change

Reuters · Nov 11, 2022

Germany to discuss Russian war crimes prosecution with G7 - justice minister

The justice ministers of the Group of Seven (G7) industrialised nations will focus on ways to prosecute suspected Russian war crimes at their meeting in Berlin later this month, the German justice minister said in a media interview published on Friday.

Asharq Al-Awsat · Nov 5, 2022

G7 Denounces ‘Brutal’ Iran Protest Crackdown

Foreign ministers from the Group of Seven (G7) industrialized nations condemned on Friday Tehran’s response to a wave of protests in Iran sparked by the death of young Kurdish woman Mahsa Amini. They threatened the Iranian regime to continue to use all available diplomatic measures to hold the authorities accountable,…

Reuters · Nov 4, 2022

Blinken says G7 is clear-eyed about need to align on China

U.S. Secretary of State Antony Blinken said on Friday the Group of Seven countries (G7) is clear-eyed about the need to align their approach on China.

Reuters · Nov 4, 2022

G7 focusing more support on helping Ukraine protect against energy grid attacks

U.S. Secretary of State Antony Blinken on Friday said the Group of Seven countries is focusing more of its security support on helping Ukraine protect against Russia's attacks on its energy grid.

Reuters · Nov 4, 2022

G7 ministers: severe consequences if Russia uses nuclear or chemical weapons

The foreign ministers of the Group of Seven economic powers said on Friday any use of chemical, biological, or nuclear weapons by Russia would be met with severe consequences, and renewed their call on Moscow to end the war in Ukraine.

Reuters · Nov 4, 2022

Taiwan Strait issues must be resolved peacefully, say G7 foreign ministers

Top diplomats from the Group of Seven (G7) countries reaffirmed the importance of peace and stability across the Taiwan Strait and said they would continue to aim for constructive cooperation with China in a joint statement released on Friday.

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