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Business > Foreign Business
US, allies in talks to cap Russian oil price
By Agence France-Presse
Jun 22, 2022 12:15 am

OTTAWA: The United States is in talks with allies to further restrict Russia's oil revenues by capping the price it would get for its crude, US Treasury Secretary Janet Yellen said during a visit to Canada on Monday (Tuesday in Manila).

'We are continuing to have productive conversations with our partners and allies around the world on how to further restrict energy revenues to Russia while preventing spillover effects to the global economy,' Yellen told a news conference.

TREASURY CHIEF This June 7, 2022 file photo shows United States Treasury Secretary Janet Yellen testifying before the Senate Finance Committee on Capitol Hill in Washington, D.C. AFP PHOTO

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