G-7 Finance Chiefs to Talk China, India Tariffs Over Russia Oil

Sept. 12, 2025, 10:23 AM UTC

Finance ministers from the Group of Seven nations will hold a call on Friday to discuss the possibility of imposing secondary sanctions on India and China over their purchases of Russian oil, according to people familiar with the plan.

They’ll also discuss the potential use of immobilized Russian assets, said one of the people, who spoke on the condition of anonymity.

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