The Group of Seven (G7) industrial powers and the European Union will ban Russian gas imports on routes where Moscow has cut supplies, the Financial Times reported on Sunday, citing officials involved in the negotiations.
The decision, to be finalised by G7 leaders at a summit in Hiroshima starting on Friday, will prevent the resumption of Russian pipeline gas exports on routes to countries such as Poland and Germany, where Moscow cut off supplies last year, the newspaper said.
Meanwhile, Ukrainian President Volodymyr Zelenskyy said on Sunday that his country is preparing a counteroffensive designed to liberate areas occupied by Russia, not to attack Russian territory.
This story is from the May 15, 2023 edition of Business Standard.
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This story is from the May 15, 2023 edition of Business Standard.
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