G7 countries have said that their measures to tackle high fuel prices do not mean any easing of the sanctions regime against Russia.
This is stated in a joint declaration by the G7, Interfax-Ukraine reports «Interfax-Ukraine».
The document reaffirmed the intention to maintain restrictions against the Russian Federation and also recalled the release of 100 million barrels of oil and diesel fuel from strategic reserves.
The G7 countries stressed that public concerns over the cost of energy resources remain a priority for them. They will continue to monitor the situation closely and, if necessary, adjust their actions.
- Due to the sharp rise in fuel prices, the EU has decided to return to the issue of releasing oil reserves.
- In recent days, the United States said it had released onto the market the remainder of the strategic reserves it announced in March.
- EU countries are currently considering how to prepare for winter with high energy prices. EU Energy Commissioner Dan Jørgensen urged member states to propose demand-reduction measures, continue filling gas storage facilities so that they are at least 80% full, and also apply targeted and temporary measures to tackle high prices.
- Against the backdrop of these developments, Russia has repeatedly sought, through various channels, to secure a relaxation of sanctions in exchange for cheap oil.