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G7 Nations Float Possibility of More Russia Sanctions, Call Out China

The Group of 7 nations last week discussed imposing more sanctions against Russia if it doesn't agree to a ceasefire with Ukraine, including potentially a more strict cap on oil prices, they said in a joint statement after meeting in…

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Quebec. They said any ceasefire “must be respected” and include “robust and credible security arrangements to ensure that Ukraine can deter and defend against any renewed acts of aggression.” The countries -- the U.S., Canada, France, Germany, Italy, Japan and the U.K., plus a representative from the EU -- also “condemned” military aid, along with the provision of weapons and dual-use components to Russia, by China, Iran and North Korea. The statement said China is “a decisive enabler of Russia’s war and of the reconstitution of Russia’s armed forces. We reiterated our intention to continue to take action against such third countries.”