G7 leaders work to 'starve' Russia of oil money as Zelensky says he wants the war over by the end of the year

G7 leaders work to 'starve' Russia of oil money as Zelensky says he wants the war over by the end of the year

CNN

Ukrainian President Volodymyr Zelensky told G7 leaders during a virtual meeting Monday that he wants the war in Ukraine to end by the end of 2022, according to a source familiar with his remarks, as leaders worked to starve Russia of its oil revenues and mitigate the economic fallout of the conflict.

The dual missions — sustain support for Ukraine while easing economic pressures at home — have defined this year’s summit of leading democracies, held high in the Bavarian Alps. While largely united, the leaders are all facing their own political imperatives to see a momentum shift in the fighting and bring an end to the conflict quickly.

To that end, leaders were nearing an agreement to try capping the price of Russian oil, depriving the country of revenues that have soared amid the global spike in energy prices. Details were still being ironed out, including whether the top buyers of Russian oil would agree to the limits, but US officials sounded confident in the prospects of the plan.

As the war in Ukraine grinds ahead, the question of how to end the conflict has loomed over the talks here. Zelensky’s timeframe, delivered via video conference during a morning session at the Schloss Elmau castle, was as clear a sign as he has given about where he sees the trajectory of the war headed.

A top adviser to President Joe Biden said Zelensky was focused on regaining momentum in Ukraine over the coming months — and not years — when he spoke to leaders…

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