US wants to limit Russia’s oil revenue without interrupting supplies ...News

Washington seeks way to punish Moscow while keeping oil prices from rising, the US Treasury Secretary says The United States is involved in “extremely active” discussions with European countries aimed at limiting the revenues Russia can generate from selling oil without interrupting supplies, US Treasury Secretary Janet Yellen said on Tuesday, according to Reuters. Yellen reportedly told the Senate Finance Committee that US officials were keen to keep Russian oil flowing into the global market to contain prices and avoid a spike that could cause a worldwide recession. “But absolutely the objective is to limit the

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