Zürcher Nachrichten - Britain urges all G7 members to ban Russia oil imports

EUR -
AED 4.2804
AFN 77.00368
ALL 96.580114
AMD 443.844105
ANG 2.086359
AOA 1068.789777
ARS 1667.072313
AUD 1.75332
AWG 2.097951
AZN 1.972067
BAM 1.95641
BBD 2.346432
BDT 142.534443
BGN 1.956969
BHD 0.439237
BIF 3442.173288
BMD 1.165528
BND 1.509171
BOB 8.05051
BRL 6.337098
BSD 1.164963
BTN 104.746008
BWP 15.477826
BYN 3.34933
BYR 22844.356995
BZD 2.343021
CAD 1.610702
CDF 2601.459778
CHF 0.936391
CLF 0.027497
CLP 1078.694141
CNY 8.240402
CNH 8.237693
COP 4469.789828
CRC 569.077441
CUC 1.165528
CUP 30.886503
CVE 110.300339
CZK 24.202217
DJF 207.454686
DKK 7.468822
DOP 74.563249
DZD 151.128474
EGP 55.300711
ERN 17.482926
ETB 180.702444
FJD 2.634618
FKP 0.87379
GBP 0.873581
GEL 3.141131
GGP 0.87379
GHS 13.252075
GIP 0.87379
GMD 85.083348
GNF 10123.113015
GTQ 8.923897
GYD 243.734952
HKD 9.068103
HNL 30.683567
HRK 7.536076
HTG 152.507553
HUF 382.108583
IDR 19440.198145
ILS 3.771312
IMP 0.87379
INR 104.826468
IQD 1526.169321
IRR 49083.310339
ISK 149.000846
JEP 0.87379
JMD 186.468142
JOD 0.826379
JPY 180.641781
KES 150.704975
KGS 101.925779
KHR 4664.454402
KMF 491.852653
KPW 1048.974993
KRW 1710.424855
KWD 0.357782
KYD 0.970899
KZT 589.161176
LAK 25262.768695
LBP 104325.381679
LKR 359.340503
LRD 205.046574
LSL 19.744372
LTL 3.441503
LVL 0.705017
LYD 6.332975
MAD 10.760055
MDL 19.822096
MGA 5196.620335
MKD 61.65949
MMK 2447.140495
MNT 4134.564794
MOP 9.342073
MRU 46.457486
MUR 53.695494
MVR 17.951093
MWK 2020.129888
MXN 21.173224
MYR 4.786804
MZN 74.489031
NAD 19.744372
NGN 1688.908807
NIO 42.873184
NOK 11.769391
NPR 167.591256
NZD 2.01278
OMR 0.447119
PAB 1.165063
PEN 3.916021
PGK 4.94352
PHP 68.665964
PKR 326.607938
PLN 4.229528
PYG 8012.498341
QAR 4.246479
RON 5.092157
RSD 117.437121
RUB 89.449495
RWF 1695.028519
SAR 4.374346
SBD 9.592989
SCR 15.753845
SDG 701.063515
SEK 10.942261
SGD 1.509937
SHP 0.874448
SLE 27.624965
SLL 24440.545996
SOS 664.607228
SRD 45.023208
STD 24124.085063
STN 24.507536
SVC 10.194135
SYP 12887.05829
SZL 19.729152
THB 37.116255
TJS 10.68907
TMT 4.091005
TND 3.41751
TOP 2.806313
TRY 49.62585
TTD 7.898242
TWD 36.289912
TZS 2873.610463
UAH 48.90845
UGX 4121.267354
USD 1.165528
UYU 45.564794
UZS 13937.405549
VES 296.687514
VND 30729.156744
VUV 141.449819
WST 3.250206
XAF 656.161595
XAG 0.020144
XAU 0.000277
XCD 3.149899
XCG 2.099646
XDR 0.816054
XOF 656.161595
XPF 119.331742
YER 278.037051
ZAR 19.730882
ZMK 10491.15474
ZMW 26.934398
ZWL 375.299675
  • NGG

    -0.5000

    75.41

    -0.66%

  • GSK

    -0.1600

    48.41

    -0.33%

  • CMSC

    -0.0500

    23.43

    -0.21%

  • RIO

    -0.6700

    73.06

    -0.92%

  • AZN

    0.1500

    90.18

    +0.17%

  • SCS

    -0.0900

    16.14

    -0.56%

  • RBGPF

    0.0000

    78.35

    0%

  • JRI

    0.0400

    13.79

    +0.29%

  • RYCEF

    -0.0500

    14.62

    -0.34%

  • BCC

    -1.2100

    73.05

    -1.66%

  • CMSD

    -0.0700

    23.25

    -0.3%

  • BCE

    0.3300

    23.55

    +1.4%

  • BTI

    -1.0300

    57.01

    -1.81%

  • BP

    -1.4000

    35.83

    -3.91%

  • VOD

    -0.1630

    12.47

    -1.31%

  • RELX

    -0.2200

    40.32

    -0.55%

Britain urges all G7 members to ban Russia oil imports
Britain urges all G7 members to ban Russia oil imports

Britain urges all G7 members to ban Russia oil imports

British Foreign Secretary Liz Truss on Wednesday called on the entire G7 to ban Russia oil imports, saying the world's leading economies should "go further and faster" in punishing Moscow for invading Ukraine.

Text size:

Standing alongside US Secretary of State Antony Blinken, Truss also hailed transatlantic unity against Russian aggression, saying the strength of the alliance has "surprised" President Vladimir Putin and that more must be done to assure his invasion fails.

"We must double down on our sanctions. That includes... the G7 ending its use of Russian oil and gas" and implementing a full ban on Russian banks using the SWIFT bank messaging system, Truss said in a joint press conference with Blinken at the State Department in Washington.

"Now is not the time to let up. Putin must fail," she added.

The United States on Tuesday led a Western assault on Russia's economic lifeline by banning imports of oil and gas, a move soon followed by Canada and a pledge from London to end the imports within the year.

Other Group of Seven members France, Germany, Italy and Japan have yet to make such a move, however, with German Chancellor Olaf Scholz cautioning Monday that a broad ban on Russian oil could put Europe's energy security at risk.

But Truss insisted the West's alliance against Russia's autocratic leader, its economy and associated oligarchs was nevertheless working.

"We have surprised Putin with our unity and the toughness of our sanctions," she said.

Blinken joined Truss in highlighting the comprehensive anti-Moscow cooperation, saying: "economically, the measures that we've taken have erased 30 years of progress integrating Russia into the world."

He blasted Russia's failure to ensure safe passage of civilians out of besieged Ukrainian cities and towns, and slammed as "absurd" the Kremlin's proposal to create evacuation corridors that lead from Ukraine into Russia and its neighbor and ally Belarus.

"It's offensive to suggest that Ukrainian people should seek refuge from the very government that has demonstrated such disregard for their lives," Blinken said.

F.E.Ackermann--NZN