U.S. Congress votes to revoke Russia's trade status, ban oil and gas imports following atrocities in Bucha

This has been CNBC's live blog covering updates on the war in Ukraine. [Follow the latest updates here.]

Ukraine's Foreign Minister Dmytro Kuleba met with G-7 and NATO leaders in Brussels, one day after the U.S. announced new penalties on Russia that included a ban on all new investment in the country and sanctions on President Vladimir Putin's daughters.

"I came here today to discuss three most important things: weapons, weapons, and weapons," Kuleba said in a tweet.

Reports of rape and torture against civilians by Vladimir Putin's forces drew strong condemnation from G-7 members, who voted to remove Russia from the U.N. Human Rights Council.

The atrocities also galvanized action in the U.S. where the Congress voted to strip Russia of its most favored nation trading status and to ban its oil and gas imports. U.S. President Joe Biden is expected to quickly sign both into law.

Ukraine's Foreign Minister Dmytro Kuleba (L) and NATO Secretary General Jens Stoltenberg give a press conference before a meeting of NATO foreign ministers at NATO headquarters, in Brussels, on April 7, 2022.
Dursun Aydemir | Anadolu Agency | Getty Images

EIU warns Asia-Pacific remains vulnerable to fluctuations in commodity prices, despite less direct exposure to the war

Asia-Pacific countries may be less exposed to the war in Ukraine compared with other regions, but they could still see less direct hits in areas ranging from commodities to tourism and weapons, according to a new report from the Economic Intelligence Unit.

Russia and Ukraine account for a significant proportion of global supply of some food commodities, such as wheat and fertilizer. Any jump in prices will be a concern for Asia, given the region's high levels of dependence on energy and agricultural commodity imports, warned the EIU.

Russia is also the world's second-largest arms supplier and is a major source of arms for China, India and Vietnam, the research firm pointed out.

The report also listed which countries in Asia-Pacific would be most and least affected.

— Weizhen Tan

Biden has authorized more than $1.7 billion in security aid to Ukraine since war began

Ukraine was already stocking up on U.S.-made Javelins before Russia invaded. Pictured here a group of Ukrainian servicemen taking a shipment of Javelins as Russia positioned troops on Ukraine's border.
Sergei Supinsky | AFP | Getty Images

The Biden administration has approved more than $1.7 billion in security assistance to Ukraine since Russia's invasion in late February, according to the White House. The U.S. has provided a total of $2.4 billion to Ukraine since the beginning of Biden's presidency.

The Pentagon also confirmed that all of the anti-armor and anti-air systems from the two weapons packages announced in March have been delivered to Ukraine. The Defense Department added that the U.S. is working to "identify additional weapons systems to help the Ukrainian military."

Ukrainian President Volodomyr Zelenskyy has requested "longer-range anti-aircraft systems," the Pentagon said.

More than 30 nations have sent Ukraine security assistance. Here is the firepower the U.S. has committed thus far, according to the Defense Department:

— Amanda Macias

Pro-Russian forces fight in Mariupol

Pro-Russian forces search houses and inspect streets in the southern port city of Mariupol.

Service members of pro-Russian troops carry out a search of a house during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine April 7, 2022.
Alexander Ermochenko | Reuters
A service member of pro-Russian troops checks the documents of a local resident during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine April 7, 2022.
Alexander Ermochenko | Reuters
A local resident looks on as service members of pro-Russian troops inspect streets during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine April 7, 2022.
Alexander Ermochenko | Reuters