Particle.news

Download on the App Store

G7 Summit in Kananaskis to Reinforce Ukraine Aid and Cut Russian Oil Price Cap Without Joint Communique

Separate policy statements will uphold a united front in light of US disagreements.

Image
Image
Image

Overview

  • The summit will convene the G7’s heads of state in Canada’s Rocky Mountains from June 15 to 17 under host Prime Minister Mark Carney.
  • Leaders have agreed to lower the price cap on Russian oil to US$45 per barrel as part of their 18th sanctions package targeting Kremlin revenues.
  • After President Trump withdrew from the 2018 communique, this meeting will forgo a single closing declaration in favor of individual statements on migration, artificial intelligence, critical minerals, and wildfire response.
  • Chancellor Friedrich Merz’s recent Washington talks with President Trump set the tone for securing US cooperation on Ukraine support and enforcement of new trade and sanctions measures.
  • Ukrainian President Volodymyr Zelenskyy and Indian Prime Minister Narendra Modi will attend as guests, with Modi’s invitation drawing criticism over his government’s human rights record and ties to Moscow.