Business news from Ukraine

G-7 COUNTRIES PLEDGE TO PHASE OUT RUSSIAN OIL IMPORTS

8 May , 2022  

The G7 countries have committed themselves to phase out or ban the import of Russian oil, according to a statement posted on the White House website on Sunday.
“This will hit the main artery of Putin’s economy hard and deprive him of the income he needs to finance the war. The G7 also committed to working together to secure stable global energy supplies while stepping up our efforts to reduce dependence on fossil fuels.

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