A Group of Seven (G7) price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, though Russia has said it will not abide…

The Group of Seven (G7) nations and Australia on Friday said they had agreed a $60 per barrel price cap on Russian seaborne crude oil after European Union members overcame resistance from Poland and…

The United Nations' Security Council needs to take "significant measures" in response to the latest intercontinental ballistic missile launch by North Korea, foreign ministers of the Group of Seven …

Top diplomats from the Group of Seven countries have agreed on the need for a coordination mechanism to help Ukraine repair and defend its critical energy and infrastructure from Russia's attacks, a…

Top diplomats from the world’s major industrialized democracies will grapple with the implications of Russia’s war in Ukraine, China’s growing economic clout and aims at Taiwan, and Iran’s treatment…

Russia can access enough tankers to ship most of its oil beyond the reach of a new G7 price cap, industry players and a U.S. official told Reuters, underscoring the limits of the most ambitious plan…

Group of Seven leaders will hold a call on Tuesday with Ukrainian President Volodymyr Zelenskiy, Prime Minister Liz Truss's spokesman said, the day after Russia fired cruise missiles at cities across…

Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil shipments loomed, with tight supply struggling to meet still robust demand. Brent crude…

U.S. President Joe Biden will meet with his counterparts from the Group of Seven allies early Thursday to map out more severe measures against Russia after President Vladimir Putin launched what…