Russia's oil and gas revenues can be significantly reduced. The G7 proposes a new sanctions model by limiting the prices of Russian oil and gas. But it will not help
The international club of seven most developed countries of the world — G7 — was established after the oil crisis of 1973 to find common solutions for various global challenges.
The agenda of this year's 48th G7 summit, held on 26–28 June 2022 in Germany, effectively recognised Russia’s criminal regime as the main challenge to humanity, as it aims to destroy the unity of the EU and NATO for the economic expansion of the PRC through war on the European continent, the global food crisis and recession.
