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The EU seeks G7 approval for a ban on Western maritime services for Russia’s oil, aiming to increase economic pressure.
The European Union is seeking G7 agreement before implementing a proposed ban on Western maritime services for Russia’s seaborne crude oil exports, aiming to further restrict Moscow’s war funding.
The ban, introduced February 6, would cut off shipping, insurance, and related support, potentially undermining the existing $44.10 per barrel price cap.
While the EU supports the move, U.S. backing remains uncertain, as Washington previously rejected the price cap coalition.
G7 discussions are expected to align positions, with the EU emphasizing the need for unity to maximize economic pressure on Russia.
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La UE busca la aprobación del G7 para prohibir los servicios marítimos occidentales para el petróleo ruso, con el objetivo de aumentar la presión económica.