Zelenskyy calls on the G7 to introduce a price ceiling for Russian oil and gas.
Thursday, October 13, 2022

Zelenskyy calls on the G7 to introduce a price ceiling for Russian oil and gas.

President Volodymyr Zelenskyy called on the Big Seven (G7) countries to respond to Russia’s strikes on Ukraine’s energy sector with new symmetrical sanctions. In particular, the introduction of a strict price ceiling for Russian oil and gas. The president thanked the G7 countries for the eighth sanctions package but noted that it is not a severe enough punishment for Russia. According to Zelenskyy, Russia has started a new escalation stage with massive strikes on Ukraine’s energy infrastructure, so a new sanctions package is needed. Zelenskyy called on the G7 to block Russia’s energy sector with sanctions and thus remove the Russian revenue stability from the oil and gas trade.

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