G7 Pledges To Stop Buying Russian Oil ...Middle East

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G7 Pledges To Stop Buying Russian Oil
source : OILPRICE ( Middle East ) () 13
Members of G7 committed to decreasing their purchases of Russian oil amid the war in Ukraine at a virtual meeting this weekend. Per an AFP report, the United States, France, Canada, Germany, Italy, Japan, and Britain pledged to stop buying Russian oil, although they did not specify how and when this would happen. Some G7 members such as Britain, the United States, and Canada have already imposed import bans on Russian oil, but they are quite minor importers of Russian oil, so the bans have not had any material effect on Russia’s revenues…

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