With each passing day, Russia is punishing for its invasion of Ukraine. take a lot continues. Dozens of companies have imposed sanctions on Russia, which has not yet thought of withdrawing from the war. Music and podcast platform Spotify, technology giant Sony, Visa and many other companies moved to Russia after the occupation of Ukraine. sanctioned†

But the real blow to Russia G7 will come out of their country. According to the latest statements, Russia, which exports oil to many countries, will terminate its agreement with the G7 countries. This shows that countries that make up 64 percent of global wealth will deal a heavy blow to Russia. So much so that the G7 countries; Germany† United States† United Kingdom, Italy† France† Japan and Canada consists of countries such as

Oil exports are being phased out

The G7 countries are cutting oil exports from Russia under the new sanctions package against Russia. gradual or they cut it all off announced. The leaders of the G7 countries, gathered at the meeting in the US, held an important meeting with the participation of Ukrainian President Vladimir Zelenskiy. A critical decision was taken as a result of this meeting. The leaders declared their full support for Ukraine and noted that the sanctions imposed on Russia have wiped out the gains made in the past 15 years in the country’s history.

In one fell swoop, oil imports came to Russia, which was hit hard financially. To Russia ban oil imports A statement said that the G7 countries will also phase out or completely phase out oil imports. This shows that Russia’s main source of income will be cut off.

On the other hand, the statement recalling that the US has already banned oil imports from Russia noted that the G7 countries will phase out or completely ban oil imports from Russia today. In addition, the US has clarified the new sanctions to be imposed. In this context; While new sanctions were imposed on imports of products such as wood materials, industrial motors, fans, ventilation equipment, bulldozers from Russia, Russian military officials were simultaneously visa restriction informed that it will be posted.