Carney Says Canada Will Maintain Russia Sanctions as U.S. Pauses on Oil
Canada and six of seven G7 leaders reject easing Russia sanctions to maintain pressure amid the Ukraine war despite U.S. 30-day waiver to ease energy prices.
- Prime Minister Mark Carney says Canada will maintain its sanctions on Russia and its shadow fleet of oil transports, despite the U.S. easing sanctions.
- The United States placed a 30-day waiver on its Russian oil sanctions today in response to oil price shocks caused by the war in Iran.
- German Chancellor Friedrich Merz says six out of seven of the G7 leaders on a conference call a few days ago agreed they should not ease their Russian sanctions.
34 Articles
34 Articles
Canada Keeps Russia Sanctions as US Faces G7 Pushback Over Oil Sanctions Pause: Carney
Prime Minister Mark Carney said Canada plans to maintain sanctions on Russia, including on its oil, after the U.S. government announced a 30-day pause on one element of its sanction regime amid spiking oil prices. Carney made the comments to reporters on March 13 while in Norway, where he visited NATO troops taking part in a cold weather military exercise. He was speaking alongside German Chancellor Friedrich Merz and Norwegian Prime Minister Jo…
Carney and other G7 leaders oppose U.S. pause on Russian oil sanctions
OTTAWA — Prime Minister Mark Carney said Canada disagrees with the U.S. decision on Thursday evening to pause U.S. sanctions on Russian oil to mitigate soaring energy prices amid the Iran conflict. “Canada’s position is to maintain sanctions on Russia, maintain sanctions, including on the shadow fleet, which is moving this oil,” said Carney, during a press conference in Bardufoss, Norway, on Friday. “There has been very tight cooperation between…
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