The G7 countries announced on Thursday new economic sanctions against Russia, including a ban on all new investment in key sectors in response to "
the continued escalation of the war
" in Ukraine.
Read alsoWestern sanctions threaten Russian oil and gas production
"
We are banning new investments in key industries of the Russian economy, including energy
," the G7 powers said in a statement, which also announced "
additional sanctions against the Russian defense sector
" and against "
elites
" who support the war decided by Russian President Vladimir Putin against Ukraine.