OilPrice
Turns out Washington isn’t buying what Brussels is selling—at least not yet. While the EU is lobbying to lower the G7’s $60-per-barrel price cap on Russian crude to $50 (with Ukraine yelling from the back row for a $30 tag), U.S. officials remain politely unconvinced. A European official attending the G7 finance powwow in Banff…
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U.S. Resists EU Push to Lower Russian Oil Price Cap
Qiana Haslett
15:20
Turns out Washington isn’t buying what Brussels is selling—at least not yet. While the EU is lobbying to lower the G7’s $60-per-barrel price cap on Russian crude to $50 (with Ukraine yelling from the back row for a $30 tag), U.S. officials remain politely unconvinced. A European official attending the G7 finance powwow in Banff…
