G7 Japan summit to target Russian exports in latest Ukraine war sanctions

News Snapshot:

The G7 group of major economies will unveil further sanctions and export controls targeting Russia over its war against Ukraine, a US official has said ahead of the opening of the summit in Japan. G7 leaders are gathering in Hiroshima on Friday and the Russian invasion of Ukraine, now in its second year, will be high on the agenda. The US has spearheaded tough sanctions on Russian companies, banks and individuals; the forthcoming announcements are designed to reaffirm world powers’ resolve to support Ukraine and squeeze Moscow. A US official, speaking to reporters ahead of the gathering, said the G7’s...