G7 countries

G7 ministers scramble to hold emergency meeting on Iran war's economic fallout

G7 finance and energy ministers will hold an emergency meeting to discuss minimizing the economic fallout from the U.S. and Israeli war with Iran, Politico reported on March 30.

30 March, 12:06 PM

G7 weighs escorting ships through blocked Hormuz Strait

G7 member countries are exploring the possibility of escorting ships amid Iran war and supply chains disruption, CNN wrote on March 12.

12 March, 09:39 AM

Germany says ‘no’ to Russia’s return to G8

German Chancellor Friedrich Merz has rejected the idea of Russia returning to the G8 — a step included in the so-called U.S. peace proposal for Ukraine, DW wrote on Nov. 23.

24 November 2025, 11:32 AM

G7 agrees to ramp up pressure on Russia, eyes frozen assets

Group of Seven (G7) Finance Ministers agreed on joint steps to increase pressure on Russia and support Ukraine, including use of the full value of Russia’s frozen assets, the officials' joint communiqué wrote on Oct. 1.

2 October 2025, 08:31 AM

Zelenskyy’s envoy denies U.S.-EU sanctions cooperation has collapsed

Ukraine’s sanctions commissioner, Vladyslav Vlasiuk, denied claims that U.S.-EU coordination on sanctions has ended, reporting on his Facebook page that cooperation continues on May 27.

27 May 2025, 02:55 PM

U.S. makes surprise shift, joins G7 in condemning Russia’s war on Ukraine

Finance ministers from the Group of Seven issued a joint communiqué condemning what they called Russia’s “brutal war” against Ukraine and vowed to tighten sanctions on Moscow if Russian dictator Vladimir Putin continues to delay a ceasefire, The Telegraph reported on May 23.

24 May 2025, 11:01 AM

G7 finance ministers threaten Russia with harsher sanctions

The Group of Seven (G7) countries' Finance Ministers have warned that they are prepared to increase pressure on Russia, including through expanded sanctions, if Moscow does not agree to a ceasefire in Ukraine, DW reported on May 22.

23 May 2025, 07:59 AM

UK urges G7 to lower Russian oil price cap to pressure Putin

The United Kingdom urged G7 allies to agree on lowering the marginal price of oil for Russia to increase pressure on Vladimir Putin, Bloomberg reports on May 22.

22 May 2025, 06:19 PM

G7 struggles to agree on joint Ukraine statement

The G7 countries are still discussing the possibility of issuing a joint statement on the third anniversary of Russia's full-scale invasion of Ukraine, with Washington refusing to accept the phrase "Russian aggression," Canada's Foreign Minister Melanie Joly told a virtual press briefing on Feb. 24, Reuters reported.

25 February 2025, 11:34 AM

US seeks neutral wording in G7 declaration to avoid 'hindering negotiations' with Russia – NYT

The United States is opposing the wording identifying Russia as the aggressor in an upcoming G7 statement, marking the third anniversary of the full-scale invasion in Ukraine, the New York Times (NYT) reported on Feb. 20.

21 February 2025, 12:21 PM

Munich Security Conference to highlight 'peace through strength' message

The Munich Security Conference, set to take place in Germany from Feb. 14-16, will convey the "peace through strength" message, G7 ambassadors wrote in their statement on X on Feb. 6.

7 February 2025, 11:20 AM

Russia’s $10 billion ghost fleet effort to dodge sanctions

Moscow has developed a strategy to evade Western sanctions by utilizing a shadow fleet that consists of hundreds of tankers that constantly change flags, pump oil on the high seas, and disable identification systems to avoid detection. They allow Russia to continue exporting oil, which is essential to funding its war effort in Ukraine.

9 January 2025, 01:31 PM

G7+ Ministerial Group urges global community to ramp up aid for Ukraine's winter needs

G7+ Ministerial Group welcomed ongoing commitments for financial and non-monetary aid to address Ukraine's critical energy sector needs, U.S. State Department said in its official statement, published on Sept. 23.

24 September 2024, 11:04 AM

G7+ countries mobilize over $4 billion for Ukraine's energy sector since 2022 – Blinken

The G7+ countries have mobilized over $4 billion to support Ukraine's energy sector since the start of Russia's full-scale invasion, U.S. Secretary of State Antony Blinken said in New York on Sept. 23, news agency Interfax-Ukraine reports.

24 September 2024, 10:55 AM

Ukraine set to receive $50 billion G7 loan by October

The G7 countries are likely to finalize a framework agreement to provide Ukraine with a $50 billion loan using proceeds from frozen Russian assets by October, European Economic Commissioner Paolo Gentiloni announced during a meeting of G20 finance ministers and central bankers in Rio de Janeiro, Reuters reported on July 25.

26 July 2024, 11:13 AM

US and G7 pledge to boost cybersecurity for energy systems

The United States and leaders of G7 countries pledged to strengthen the cybersecurity of the world's electricity, oil, and gas supply systems, White House National Security Advisor Jake Sullivan said, according to the White House press service on June 18.

19 June 2024, 10:45 AM

G7 leaders reject Putin's Ukraine peace proposal as unserious

Leaders of the G7 did not discuss Russian dictator Vladimir Putin's proposals for peace in Ukraine as they were considered unserious, German Chancellor Olaf Scholz said in an interview with German television, Reuters reported on June 15.

15 June 2024, 02:10 PM

Germany's Scholz calls $50 billion G7 aid to Ukraine 'a clear signal' to Russia

The recent announcement that Ukraine would receive an additional $50 billion in funding, using seized Russian assets, from the G7 countries is a sign that Ukraine's partners will continue to support her, German Chancellor Olaf Scholz said at the annual G7 summit on June 13.

14 June 2024, 01:06 PM

G7 to greenlight $50 billion loan to Ukraine using frozen Russian assets - Bloomberg

The Group of Seven (G7) nations have reportedly agreed to provide Ukraine with a $50 billion loan using frozen Russian assets, which will be structured according to the size of their economies, Bloomberg reported on June 13.

13 June 2024, 07:40 PM

G7 leaders to urge China to end support for Russia's war against Ukraine

Following the Global Peace Summit in Italy, G7 leaders will urge China to stop supporting Russia's war against Ukraine, according to a draft statement seen by Bloomberg on June 12.

12 June 2024, 04:05 PM

G7 countries

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