G7 Calls For Price Cap On Russian Oil
Finance ministers of the wealthy Group of Seven (G7) industrialized nations want a price cap on Russian oil to prevent Moscow from profiting from its war against Ukraine.
Featured
The Group of Seven (G7) of the world’s leading economies gathered Friday in Japan’s city of Hiroshima, nearly wiped off the map by the world’s first atomic bomb in World War Two.
White House press secretary Karine Jean-Pierre said Thursday that President Joe Biden will convene a virtual meeting of leaders of the world’s top economies on Friday morning, just days after returning to Washington from a trip to Europe commemorating the one-year anniversary of the war in Ukraine.
Finance ministers of the wealthy Group of Seven (G7) industrialized nations want a price cap on Russian oil to prevent Moscow from profiting from its war against Ukraine.