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Will G7 impose new oil sanctions on Russia by March 31, 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from G7 countries or major news outlets
Story
Kremlin Warns G7 Oil Sanctions Would Backfire, Threaten Global Energy Markets
Dec 20, 2024, 10:16 AM
The Kremlin has stated that it will take countermeasures against any new oil sanctions that might be imposed by the Group of Seven (G7) nations. Kremlin spokesman Dmitry Peskov warned that such sanctions would backfire on the countries implementing them and could lead to instability in global energy markets. Peskov emphasized that Russia would act to minimize any consequences and protect its companies, asserting that these measures would ultimately harm those who impose them.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increased sanctions • 25%
New export controls • 25%
Financial penalties • 25%
Other measures • 25%
United States • 25%
European Union • 25%
United Kingdom • 25%
Other • 25%
United States imposes new sanctions • 25%
European Union imposes new sanctions • 25%
Both US and EU impose new sanctions • 25%
Neither imposes new sanctions • 25%