Trump hints US could resume oil sanctions on Russia as G7 ups pressure on Kremlin

Key Points:

• U.S. President Donald Trump indicated that Washington may reinstate sanctions on Russian oil to increase pressure on the Kremlin, reversing a previous suspension aimed at lowering global energy prices.
• The G7 leaders, along with the European Union, met with Ukrainian President Volodymyr Zelenskyy and agreed to intensify economic sanctions against Russia to compel President Vladimir Putin to negotiate.
• Despite initial concerns about U.S. commitment, officials reported unity among G7 members on escalating pressure against Moscow, with the U.S. showing strong support for Ukraine during the summit.
• Other G7 countries, including the UK and Canada, have introduced new sanctions targeting Russian energy and military assets, while the EU is negotiating its 21st sanctions package, which includes maintaining a $44 per barrel price cap on Russian oil.
• Trump held bilateral talks with Zelenskyy and met with French President Emmanuel Macron during the summit, signaling continued diplomatic engagement on the conflict in Ukraine.