Washington wants to force Moscow to comply with the oil price cap mechanism Russia must comply with the yet-to-be-imposed oil price cap mechanism or face even harsher sanctions, US Treasury Secretary Janet Yellen warned on Thursday. “I think from Russia’s point of view, a price cap or price exception to a policy that would otherwise be yet harsher on Russia is something that they should be willing to go along with,” Yellen said at a press briefing in Nusa Dua, Indonesia ahead of a meeting of G20 finance ministers and central bankers. According to Yellen, if Russia refuses to comply with the proposal to limit its o
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