Source: G7 leaders to target Russian energy, trade in new sanctions steps

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Source: G7 leaders to target Russian energy, trade in new sanctions steps

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    “Leaders of the Group of Seven (G7) nations plan to tighten sanctions on Russia at their summit in Japan this week, with steps aimed at energy and exports aiding Moscow’s war effort,” said officials with direct knowledge of the discussions per Reuters.

    Although the market’s current attention is on the US debt ceiling talks, Russia’s dislike for the Western pressure may add to the market’s sour sentiment in case the G7 plans to add to Moscow’s hardships.

    Also read: Forex Today: Despite all, Dollar ends week stronger

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