G7 Nations Urged to Intensify Russia Sanctions
British Prime Minister Keir Starmer calls on G7 countries to take more risks with sanctions against Russia. He urges targeting oil, banks, and military suppliers aiding Russia. Britain plans its largest sanctions package since the war began, targeting vessels and companies evading sanctions.
British Prime Minister Keir Starmer has called on the Group of Seven (G7) wealthy nations to heighten their risk tolerance in implementing sanctions against Russia amidst its continued invasion of Ukraine.
Addressing an international meeting via video link on the invasion's third anniversary, Starmer stated the G7 must be prepared to enforce stricter measures. These include adjustments to the oil price cap, sanctions on Russia's major oil corporations, and financial institutions aiding in sanctions evasion. Furthermore, Starmer announced that the United Kingdom will soon reveal its most robust sanctions package against Russia since the early conflict stages, focusing on vessels and foreign companies, especially those in China, contributing to military supplies.
Additional measures include banning entry to individuals linked significantly to the Russian state. The complete details of these sanctions remain undisclosed by the government.
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