Russia Says G-7 Export Ban Would Trigger Grain Deal Exit

Moscow may retaliate if Group of Seven countries proceed with a total ban on most exports to Russia by withdrawing from the safe-transit deal that allows Ukraine to ship grains from Black Sea ports, said Dmitry Medvedev, deputy chair of Russia’s Security Council.

Russia would also consider banning exports of some of its own goods, Medvedev said in a Telegram post.

G-7 officials are considering moving closer to an outright ban on most exports to Russia and are discussing the idea ahead of a leaders summit in Japan in May, according to people familiar with the matter. The proposal ...