7:58 am: At the G7, Washington and London announce new sanctions against Russia
Sanctions are to prevent “about 70 entities in Russia and other countries from receiving U.S. exported goods, adding them to the Commerce Department’s blacklist,” a U.S. official said, citing more than 300 new sanctions against “people, organizations, ships and aircraft” across Europe, the Middle East and Asia.
Other members of the G7 – which brings together the United States, Japan, Germany, France, United Kingdom, Italy and Canada – are also preparing to “put in place new sanctions and barriers to exports”, according to Washington.