G7 vows to clamp down on Russia’s oil sanctions evasion

Group commits to unspecified measures to enforce price cap on Russian exports in response to Ukraine war

Finance ministers of the G7 nations vowed on Saturday to step up efforts to prevent Russia from evading sanctions imposed after its invasion of Ukraine.

We remain committed to taking further initiatives in response to oil price cap violations," the group said in a statement after a meeting in Washington. Those further steps were not spelled out in detail.