Washington wants to limit Russia’s profits from oil exports - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Washington wants to limit Russia’s profits from oil exports

WASHINGTON, Jun 7 (PRIME) -- The U.S. is interested in continuation of Russia’s oil exports, but wants to limit Moscow’s profits from the exports, U.S. Secretary of Treasury Janet Yellen said on Tuesday during a hearing in the U.S. Senate’s financial committee.

The U.S. wants to cap the global oil prices and to avoid a spike in prices that could trigger a global recession, she said.

End

07.06.2022 18:44