Determined to enforce price cap on Russian oil: US
The United States has said it is determined to enforce a price cap on Russian oil announced by the G7 countries.
“A price cap on Russia oil is a powerful tool – one part of the tool in our agenda to put downward pressure on global energy prices in a way that will benefit consumers in the US and globally,” White House Press Secretary Karen Jean-Pierre told reporters during her daily news conference here Friday.
“And we are determined to implement this policy in a way that achieves those goals,” she said.
Earlier in the day, G7 finance ministers announced a cap on the price of Russian oil, which they said would put pressure on global energy prices while denying Putin revenue to fund his brutal war in Ukraine.
