WASHINGTON: The G7 club of wealthy nations committed Sunday to phasing out its dependency on Russian oil and issued a scathing statement accusing President Vladimir Putin of bringing “shame” on Russia with his invasion of Ukraine.
The statement from the Group of Seven — France, Canada, Germany, Italy, Japan, Britain and the United States — did not specify exactly what commitments each country will make to move away from Russian energy.
But it was an important development in the ongoing campaign to pressure Putin by crippling Russia’s economy, and…
