US Treasury's Adeyemo says $60 oil price cap will limit Russia's revenues US Treasury's Adeyemo says $60 oil price cap will limit Russia's revenues
FRIDAY, DECEMBER 02, 2022
US Deputy Treasury Secretary Wally Adeyemo applauded a European Union deal for a $60-a-barrel price cap on Russian oil exports on Thursday, saying this was within the range of discussed price levels and would limit Moscow's oil revenues.