British PM says G7 should take more risks to squeeze Russia
The British Prime Minister is urging the G7 countries to be willing to take on more risk in terms of sanctions against Russia over its invasion of Ukraine. This could include increasing the oil price cap, targeting Russian oil giants, and going after banks that enable evasion of sanctions. The government plans to announce a new package of sanctions, including measures against vessels and companies supplying military components.
- By taking on more risks with regards to sanctions, the G7 countries may be able to put greater pressure on Russia to change its behavior, potentially leading to a reduction in tensions.
- How will the international community respond if the G7 countries are seen as being too aggressive in their sanctions against Russia, and what could be the potential consequences for global energy markets?