France signals optimism for G7 maritime ban on Russian oil as EU chief says they seek to further isolate Moscow

France has expressed positive expectations regarding a proposed G7 ban on maritime services linked to Russian oil, aimed at further isolating Moscow amid ongoing tensions. This comes as the European Union intensifies its sanctions strategy against Russia, seeking to curb revenue generated from fossil fuels that sustain the Kremlin's military actions. Recent discussions among EU leaders have underscored a commitment to implement measures that would significantly impact Russia's economy. The French minister's remarks indicate a growing consensus within the G7 to adopt stricter sanctions, reflecting the bloc's determination to respond effectively to Russia's aggression. As the situation evolves, the EU continues to explore various avenues for sanctions, underscoring the urgency of reducing dependency on Russian energy sources and increasing pressure on Moscow to alter its course.
Originally reported by LiveMint. Read original article
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