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The Business Standard

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December 20, 2025

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SATURDAY, DECEMBER 20, 2025

G7

G7

Oil product tankers sail along Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. Photo: REUTERS/Tatiana Meel

EU, G7 weigh ban on maritime services for Russian oil exports, end to price cap

Russia exports over a third of its oil in Western tankers - mostly to India and China - with the use of Western shipping services. The ban would end that trade, which is mostly done through the...

 G7 foreign ministers called for an immediate ceasefire in Ukraine and raised the alarm about the escalating crisis in Sudan on 12 November 2025. Photo: BSS

G7 calls for urgent Ukraine ceasefire, de-escalation in Sudan

FILE PHOTO: Erdogan in Ankara, Turkey, June 16, 2025. Murat Kula/Presidential Press Office/Handout via REUTERS

Balancing act: Can Turkey do without Russian energy?

Illustration: TBS

US, Chinese officials to launch talks in Spain on trade irritants, TikTok deadline

A view shows oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. Photo: REUTERS/Stringer/File Photo

US calls on G7, EU to impose tariffs on China, India over Russian oil purchases

A drone view shows vessel Aquatica, carrying Russian oil, waiting to be unloaded at Baniyas port, Syria, March 25, 2025. Photo: Reuters

US Treasury calls on G7, EU to impose tariffs on China, India over Russian oil purchases

Nuclear symbol and Iran flag are seen in this illustration, July 21, 2022. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

G7 urges talks to resume for deal on Iran nuclear program

European Council President Antonio Costa, Japan's Prime Minister Shigeru Ishiba, Italian Prime Minister Giorgia Meloni, French President Emmanuel Macron, Canada's Prime Minister Mark Carney, US President Donald Trump, British Prime Minister Keir Starmer, German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen pose for a family photo during the G7 Summit, in Kananaskis, Alberta, Canada, June 16, 2025. Photo: REUTERS/Suzanne Plunkett/Pool

G7 agrees to avoid higher taxes for US and UK companies

Japanese Prime Minister Shigeru Ishiba holds a press conference after the G7 Leaders' Summit, in Calgary, Alberta, Canada, June 17, 2025. Photo: REUTERS/Todd Korol

Japan PM Ishiba says disagreements remain with US on tariff talks

Canadian Prime Minister Mark Carney and Ukrainian President Volodymyr Zelenskiy walk as they attend the G7 Leaders' Summit in Kananaskis, in Alberta, Canada, June 17, 2025. Photo: REUTERS/Amber Bracken

Zelenskiy leaves G7 with no Trump meeting or fresh arms support from US

A worker prepares a sign ahead of the G7 summit at a satellite location in Banff, Alberta, Canada, June 14, 2025. REUTERS/Amber Bracken

G7 leaders meet in Canada hoping to avoid Trump clash

FILE PHOTO: Australian Prime Minister Anthony Albanese speaks at the Sydney Energy Forum in Sydney, Australia July 12, 2022. Brook Mitchell/Pool via REUTERS

Australia PM Albanese to meet with Trump on G7 sidelines in Canada

People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, US, December 29, 2023. Photo: REUTERS/Eduardo Munoz/File Photo

G7 debt is now a pressure point for anxious markets

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