G7 leaders agreed to toughen sanctions on Russia’s energy sector – FT 16.06.2026 22:17 Ukrinform Leaders of the Group of Seven countries have agreed to increase pressure on Russia, including through new sanctions on oil and gas exports, to cut off funding for the war against Ukraine. As Ukrinform reports, this is reported by the Financial Times, citing a French diplomatic source. According to the unnamed source, G7 countries reached a consensus position after a round of negotiations attended by Ukrainian President Volodymyr Zelensky. “The leaders agreed to step up pressure on Russia, including through sanctions on oil and gas,” the source stated after the meeting dedicated to Ukraine. According to him, the fact that a peace agreement between the United States and Iran is already contributing to lower global oil and gas prices has facilitated the achievement of consensus on imposing sanctions on Russian energy exports. Another way the Group of Seven countries could help Ukraine is by strengthening its air defense systems, the source added. As Ukrinform reported earlier, on June 15, the Council of the EU approved a new package of sanctions against Russia, targeting its shadow fleet, energy revenues, and military-industrial complex. On June 16, the UK introduced a new large-scale package of restrictions targeting Russia’s “shadow fleet,” LNG tankers, and financial networks used to circumvent Western sanctions. Photo: OP Energy Sanctions Russia G7 Summit