The group of 7 rich democracies announced a ban on Russian gold imports, during a summit held on Sunday, in the context of the war in Ukraine and its impact on the energy and grains markets. According to Reuters, this adds to sanctions already introduced against Moscow after Russia invaded Ukraine at the end of February. The new measures will directly affect Russian oligarchs „and strike at the heart of Putin’s war machine,” the British PM Boris Johnson said. „We need to starve the Putin regime of its funding. The UK and our allies are doing just that,” Mr. Johnson added.
