“The entire G7 today pledged to ban or phase out imports of Russian oil,” the White House said in a statement on Sunday May 8. This decision “will deal a blow to the main artery irrigating the economy of (Vladimir) Putin and deprive him of the income he needs to finance his war” against Ukraine, says the American executive. This weaning will be done “in an appropriate and reasoned manner”, write the Heads of State and Government of the G7 countries in their final communiqué, which does not, however, specify what commitments exactly each of them has made, namely the Germany (which holds the presidency this year), Canada, the United States, France, Italy, Japan, and the United Kingdom.
The G7 held its third meeting of the year by videoconference on Sunday, with the participation of Ukrainian President Volodymyr Zelensky. It lasted a little over an hour, according to the Americans. As Vladimir Putin prepares to celebrate with great fanfare the Soviet Union’s victory over Nazi Germany on Monday, May 9, his actions in Ukraine “cover Russia and the historic sacrifices of its people with shame”, says indignant the G7 countries in their joint press release. The Heads of State and Government reaffirmed to the President of Ukraine their “commitment to take further steps to help Ukraine secure a free and democratic future” and to “defend and repel future acts of assault”.