The United States pitched to China the idea of capping the price of Russian oil during a virtual meeting last week, U.S. Treasury Secretary Janet Yellen told The Wall Street Journal in an interview published on Wednesday. Secretary Yellen is on a tour of Asia with stops in Japan, South Korea, and Indonesia this week to seek support for the U.S. idea of capping Russian export crude oil prices. Yellen first discussed the idea of a price cap on Russian oil with China during an online meeting with Chinese Vice Premier Liu He last week,…
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