The G7 countries leaders announce a joint statement on forthcoming sanctions against Russia

France, Canada, Italy, Japan, Germany, the UK, and the US announced their joint commitment to dismiss their dependency on RF oil on May 8^th, 2022. This is yet another coordinated announcement of these countries leaders against the RF. The exact commitments of each country were not specified; however, this is an important step in the ongoing mission to pressure the RF by hitting its economy. More information on this new move of the G7 announced on May 8^th, 2022, can be found here.