Reuters learned about new G7 sanctions against the Russian energy sector

New sanctions will affect the energy sector, Washington also hopes to agree on a complete EXPORT banto RUSSIA important for military products.They will be announced at the end of the week at the summit in Hiroshima

The G7 countries (G7: usa , Germany , Great Britain , Italy France , CANADA and  Japan ) will announce new sanctions against the energy sector of Russia, tougher penalties for circumventing sanctions and restrictions on exports from the country, REUTERS writes , citing sources familiar with about the question.

The announcement will be made during the upcoming G7 summit, which will be held May 19-21 in Japan.

The US expects that the rest of the G7 countries will agree to adjust their approach to restricting Russian exports in the most sensitive sectors of the economy for the military-industrial complex, banning Russia from importing all goods with a list of exceptions, and not vice versa.

Japan is chairing the G7 this year. The G7 summit will be held in Hiroshima. Also invited are the leaders of Australia, Brazil, Vietnam, India, Indonesia, the Cook Islands, the Union of the Comoros and SOUTH KOREA.

Deputy Chairman of the Russian Security Council Dmitry Medvedev warned that if the G7 decided to ban exports to the country, Moscow would respond by stopping imports of goods in the most sensitive categories for the G7, and the grain deal would be terminated.

In April, the US Department of Justice announced that it had changed focus in the fight against sanctions circumvention. Now, possible intermediaries, including countries friendly to Russia, financial advisers, as well as operations with cryptocurrency, have come under the close attention of the department.

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Details about the new sanctions were revealed by some media outlets. For example, BLOOMBERG reported that restrictions could affect the transit of a wide range of goods to third countries through Russia. The European Commission wants to get a mechanism that will block the export of goods to third countries as part of preventing Moscow from evading sanctions, DPA wrote. In addition, the possibility of stopping the supply of Russian oil via the northern branch of the Druzhba pipeline for all countries is being discussed, thus canceling the exception for Germany and Poland (they were allowed to continue purchasing).

The Russian side has repeatedly stated that it considers Western sanctions illegal. The Kremlin warned that both the current restrictions and new additional measures “will hit the global economy” and will only lead to “increasing trends towards a global economic crisis.”