- US and Ukraine allies considering near-total ban on exports to Russia.
- Group of Seven officials discussing the idea ahead of May leaders summit in Japan.
- Obstacles to implementation include adoption by all EU members and risk of retaliation by Moscow.
- Existing sanctions have almost halved the value of EU and G-7 exports to Russia.
- Efforts to limit Putin's economic reach likely to be key item at G-7 summit.
US, Ukraine Allies Consider Near-Total Ban on Exports to Russia
Some of Ukraine’s key allies including the US are considering moving closer to an outright ban on most exports to Russia, a potentially significant tightening of economic pressure on President Vladimir Putin over his war.
