US Helps Low & Medium-Income Nations Thrive: Price Cap on Russian Oil | #shorts #news

Latest Reports | "US Helps Low & Medium-Income Nations Thrive: Price Cap on Russian Oil" | #shorts #newsShow more

US Treasury Secretary Janet Yellen described the $60/barrel price cap on Russian oil as an "important tool" that will benefit emerging markets and low-income economies. She added the price cap will cripple Russian President Vladimir Putin's finances used to fund the "brutal invasion" of Ukraine. The G7 nations, EU and Australia jointly set the price cap on Russian crude oil.

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#USTreasury #JanetYellen #PriceCap #RussianOil #EmergingMarkets #LowIncomeEconomies #VladimirPutin #Ukraine #G7 #EU #Australia #RussianCrudeOil #newslive #mnnews

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