Several Western leaders have criticised Washington's move to temporarily allow purchases of Russian oil, warning it could weaken pressure on Moscow.

The G7 rejected easing sanctions against Russia, despite the turmoil in global oil markets. Meanwhile in Kyiv the speaker of ...

The European Commission is seeking input from its G7 partners over the fate of the price cap on Russian oil before proposing a new round of sanctions against Moscow, several officials and diplomats ...

Three world leaders — two of them members of the G7 — stood united in opposition Friday to the Trump administration's ...

Add Yahoo as a preferred source to see more of our stories on Google. Emmanuel Macron, President of France, speaks at a press conference. Michael Kappeler/dpa French President Emmanuel Macron has ...

Foreign ministers from the Group of Seven vowed to defend their "democracy" against attacks from Vladimir Putins Russia on Monday in a show of solidarity from the worlds richest industrialized ...

Measure needs approval from all European Union states and coalition-building if they are to impact on Russian oil revenues Group of Seven (G7) finance ministers from the world's most developed ...

Talks on using oil reserves were first reported by the Financial Times, which added that the ⁠International Energy Agency ...

G7 discusses the possibility of coordinated release of oil reserves in the wake of soaring oil prices due to the joint US and Israel strike on Iran ...