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G7 Tightens Russia Oil Sanctions, Boosts Ukraine Defense, $20B Ask

6/19/2026

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G7 Tightens Sanctions
  • The United States and its partners pledged to tighten sanctions on Russia’s oil and gas exports to limit war funding.
  • The G7 announced licensing U.S. defense firms so European and Ukrainian producers can make air-defence missiles and long-range weapons.
  • Leaders pledged to boost deliveries of air-defence systems, interceptors and strike capabilities to Ukraine.
  • Ukraine’s defence ministry is preparing to request $20 billion at the upcoming contact group meeting.
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