G20 host nation warns against Russian oil price cap ...News

Economy by : (Russia Today) -
US efforts to impose price restrictions drove OPEC+ to cut production, Indonesia’s finance minister says Washington’s push to impose a price cap on Russian oil exports could affect other commodity markets by setting a precedent that would aggravate global economic anxiety, Indonesian Finance Minister Sri Mulyani Indrawati told Bloomberg on Tuesday. “When the United States is imposing sanctions using economic instruments, that creates a precedent for everything,” she said, adding that the move would create instability "not only for Indonesia, for all other countries". A recent decision by OPEC+ to cut oil productio

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