Saudis threatened G7 over Russian assets Bloomberg

The US and UK had wanted to confiscate the frozen sovereign funds

The Group of Seven "likely" abandoned the US plan to expropriate Russia's frozen central bank assets due to a "veiled threat" from Saudi Arabia, Bloomberg has reported.

The US and UK had been pushing for outright seizure of around $280 billion in Russian sovereign funds, which the West had frozen in 2022 citi