Non-G7 nations to benefit without applying Russian oil price cap: US Treasury
September 9, 2022 Comments Off
The G7’s intended implementation of a Russian oil price cap will not be global, but benefit many countries outside the group with or without joining the scheme by enabling them to buy Russian barrels cheaper, while trimming Moscow’s oil revenue, top officials from the US Treasury Department said Sept. 9. The Treasury Department’s Assistant Secretary for Economic Policy Ben Harris…
Non-G7 nations to benefit without applying Russian oil price cap: US Treasury
The G7’s intended implementation of a Russian oil price cap will not be global, but benefit many countries outside the group with or without joining the scheme by enabling them to buy Russian barrels cheaper, while trimming Moscow’s oil revenue, top officials from the US Treasury Department said Sept. 9. The Treasury Department’s Assistant Secretary for Economic Policy Ben Harris…
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