The article discusses the upcoming G7 Leaders’ Summit in Canada, where leaders will meet to discuss ways to support Ukraine and impose further economic sanctions on Russia. The key points are:
* The EU has called for the G7 to agree to lower the oil price cap from $60 to $45 per barrel.
* Ukrainian President Zelensky has asked for an even lower cap of $30 per barrel, saying it would pressure Moscow to declare a ceasefire.
* The US opposed a joint G7 effort in May to lower the cap and reportedly declined to support it at the finance ministers’ meeting.
* Reuters reported that G7 nations are prepared to lower the Russian oil price cap from $60 to $45 a barrel even without US support.
* The summit will mark an opportunity for Zelensky to advocate for punitive economic measures on Russia in face-to-face meetings with world leaders.
* Ukraine’s position as a central, and paradoxical issue, that both unites and divides the G7 nations.
