China News Service, May 9 (Xinhua) According to a comprehensive report, on May 8, local time, the leaders of the Group of Seven (G7) held talks with Ukrainian President Volodymyr Zelensky, and the G7 promised to gradually reduce or stop the import of Russian oil.

On the same day, the United States also announced a new round of sanctions against Russia, targeting Russia's media and financial industries.

On May 8, local time, in Kyiv, Ukraine, Ukrainian President Volodymyr Zelensky and visiting Canadian Prime Minister Justin Trudeau participated in a video conference of leaders of the Group of Seven (G7) countries.

G7 pledges to gradually reduce or ban imports of Russian oil

　　On May 8, local time, the G7 held its third summit this year through video, and Ukrainian President Volodymyr Zelensky attended the meeting.

　　A joint statement issued after the meeting said the G7 would gradually reduce or ban imports of Russian oil.

The White House said it would deal a "severe blow" to Russia's economic artery.

At present, the parties have not given a timetable for this action.

　　However, some media pointed out that the G7 may not be "monolithic".

Europe is far more reliant on Russian oil than the United States.

　　On the 4th local time, the European Commission submitted a sixth round of proposals for sanctions against Russia, including a complete ban on the import of Russian oil by the end of 2022.

　　At present, Hungary has clearly stated that it does not support the sanctions proposal, while Slovakia hopes to obtain a transition period.

Data map: European Commission President Von der Leyen.

　　According to EU rules, the European Commission's proposal requires the unanimous consent of the 27 member states to enter into force.

European Commission President von der Leyen acknowledged that the proposal will not be easy to pass because some member states are highly dependent on Russia for energy.

　　Not only that, Japan has also said before that, considering Japan's own limited resources, it will not ban the import of Russian oil.

Data map: US President Biden at the White House.

Photo by China News Agency reporter Chen Mengtong

U.S. to impose new round of sanctions on Russia

　　The White House announced on May 8, local time, that it would impose a new round of sanctions on Russia.

　　According to news released by the White House, the United States will sanction three of Russia's most-rated state-owned TV stations, including Russia's Channel One, Russia's Channel One TV and Russia's NTV broadcaster.

　　The U.S. will also ban Russian companies and citizens from using U.S. accounting, marketing and consulting services.

　　The sanctions also include visa restrictions on 2,600 Russian and Belarusian officials and sanctions on Russian bank executives.

　　According to NBC, the new round of sanctions is targeting Russian state media, finance and elites.