US luring India to join anti-Russia oil cartel

The US treasury secretary campaigns in Asia, seeking a price cap on Russian crude The US has held ‘encouraging’ talks with India about a price cap on Russian oil that Washington wants to introduce in order to limit Moscow’s revenues and push down global crude prices, Reuters reported on Monday. US Treasury Secretary Janet Yellen, who’s currently on a trip to Asia, told the agency that she was feeling generally positive about the proposed measure. "We'll see where they come out. The conversations I've had have generally been encouraging," Reuters quoted Yellen as saying. According to a senior Treasury official cite

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Last updated : 18 July 2022 clock 03:36 PM

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