US wants to cap Russian oil revenues ...News

Russia Today - Economy
US wants to cap Russian oil revenues
source : Russia Today ( News ) () 15
The Treasury Department says it is working with allies to create a buyer’s cartel to pay less for Russian crude US Treasury Secretary Janet Yellen said on Monday talks are continuing with allies to further restrict Russia’s energy revenues by imposing a price cap on the country’s oil. “We are continuing to have productive conversations, today and with our partners and allies around the world with how to further restrict energy revenues to Russia while preventing spillover effects to the global economy,” Yellen said during a press conference in Toronto alongside Canadian Finance Minister Chrystia Freeland. “We are

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