G7 leaders unite in support to Ukraine, agree to add pressure on Russia
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- G7 leaders issued a joint statement at their June 17 summit in Evian-les-Bains, France, declaring united support for Ukraine including its territorial integrity.
- The leaders agreed to intensify pressure on Russia's war economy by strengthening sanctions, explicitly including those targeting the oil and gas sectors.
- G7 leaders welcomed the recent US-Iran deal and said they are ready to contribute to its implementation, coupling Ukraine solidarity with Middle East diplomacy.
- The group pledged to diversify energy supply routes, reduce dependence on the Strait of Hormuz, and increase energy stocks.
- The joint declaration packaged Ukraine backing, Russia sanctions, Iran deal endorsement, and energy security into a single coordinated posture from the seven largest advanced economies.
Why it matters: G7 members targeting Russia's oil and gas sectors with new sanctions strike at Moscow's primary revenue stream, while the parallel pledge to cut Strait of Hormuz dependence and stockpile energy addresses a well-flagged chokepoint risk. Pairing Ukraine solidarity with concrete economic and energy security moves signals the bloc is translating rhetoric into coordinated leverage on multiple fronts.
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