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

U.S. President Donald Trump indicated that Washington could reinstate sanctions on Russian oil as part of a broader effort by G7 nations to increase pressure on the Kremlin. The U.S. had previously suspended these sanctions to help stabilize global energy prices. Trump's remarks came during the G7 summit in France, where leaders from the G7 and the European Union met with Ukrainian President Volodymyr Zelenskyy. Officials familiar with the discussions stated that the leaders agreed to intensify economic measures against Moscow. The United Kingdom imposed new energy sanctions, and Canada announced its own measures targeting Russian individuals, entities, and vessels. The European Commission has proposed its 21st sanctions package, including freezing the current price cap on Russian oil purchases at $44 per barrel.