G7 leaders discuss new Russian sanctions as missiles hit Kyiv

Leaders of Group of Seven (G7) nations have discussed plans to cap the price of Russian oil in order to put the squeeze on Moscow, which is benefiting from soaring energy prices, and cut off its means of financing the invasion of Ukraine.

The United States has suggested a price cap decided by consuming countries, a proposal that was discussed on Sunday by the G7 leaders at a summit in the Bavarian Alps.

Western countries rallied around Kyiv when Russia invaded Ukraine in February, but more than four months into the war, that unity is being tested as soaring inflation and energy shortages rebound on their own citizens.

Al Jazeera’s Step Vaessen reports from Garmish Partenkirchen.

Subscribe to our channel http://bit.ly/AJSubscribe

Follow us on Twitter https://twitter.com/AJEnglish

Find us on Facebook https://www.facebook.com/aljazeera

Check our website: http://www.aljazeera.com/

@AljazeeraEnglish

#Aljazeeraenglish

#News