Sanctions on Russia 'are working', US deputy treasury secretary says • FRANCE 24 English

In an interview with FRANCE 24, US Deputy Treasury Secretary Wally Adeyemo discussed the sanctions imposed on Moscow in the wake of Russia's invasion of Ukraine. "The sanctions are working and that's why Russia is working so hard to evade them," he said. Adeyemo also discussed the cap on the price of Russian oil announced by the G7. He confirmed that this "will happen" on December 5 and predicted a knock-on effect among other buyers of Russian oil, such as China and India, who will likely demand lower prices as a result.
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