G7 leaders aim to reduce Russia’s energy revenues

The heads of state and government of the Group of Seven member countries will continue to take measures to achieve a reduction in Russia's energy revenues, the G7 statement published on Friday. "We will continue to reduce Russia's revenues to finance military operations, taking measures to limit Russia's income from energy resources and to limit the opportunities for the extraction of such resources in the future," the statement reads. The leaders of the Group of Seven member countries believe that the restrictions they have imposed on the price of Russian oil are bringing positive results. The statement also notes that thanks to this measure, oil and gas prices in the world have significantly decreased.

Source: Turan News Agency