Group of Seven – Page 7

How the G7 Oil Price Cap Has Helped Choke Revenue to Russia

Group of 7 leaders are prepared to celebrate the results of a novel effort to stabilize global oil markets and punish Moscow.

By Jim Tankersley

Biden, Joseph R Jr Economic Conditions and Trends Federal Budget (US) Group of Seven Japan National Debt (US) United States Economy United States International Relations United States Politics and Government

For Biden, Debt Limit Crisis Complicates Trip to Asia

Volatility has become the new norm in Washington as the president heads to Japan, where he will reassure world leaders that the debt ceiling showdown will not upend the global economy.

By Peter Baker

Economic Conditions and Trends Embargoes and Sanctions European Union Group of Seven International Relations International Trade and World Market Oil (Petroleum) and Gasoline Russia Russian Invasion of Ukraine (2022) Ships and Shipping Supply Chain Turkey United States

Russia Sidesteps Western Punishments, With Help From Friends

A surge in trade by Russia’s neighbors and allies hints at one reason its economy remains so resilient after sweeping sanctions.

By Ana Swanson

Embargoes and Sanctions Group of Seven Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Russia Russian Invasion of Ukraine (2022) Ships and Shipping

EU Embargo of Russian Oil and G7’s Price Cap Take Effect

An immediate impact on oil supplies in Europe was not expected, partly because the embargo has been in the works for months.

By Stanley Reed

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