Today news
About the same in other media
U.S.-Backed Plan to Cap Price of Russian Oil Hits Delays
Reading now: 313
WASHINGTON—The Biden administration’s effort to roll out a price cap on Russian oil has hit delays, as the Treasury Department tries to ease industry concerns about the novel sanctions regime at the center of the West’s economic battle with Russia.
The U.S. and its allies are preparing to bar businesses in their countries from shipping, financing and insuring Russian oil on Dec. 5 unless the oil is sold below a set price—and had hoped to finalize the plan at least a month ahead of time to prepare oil markets. The U.S. is coordinating the strategy with other Group of Seven advanced democracies and Australia.
Read more on wsj.comAbout this in other media
U.S., Allies Set Parameters for Price Cap on Russian Oil wsj.com /1 year ago
Qatar 2022: Complaints filed over 'misleading' World Cup carbon neutral claims euronews.com /1 year ago
Ethiopia: Peace deal signed to end conflict in Tigray region euronews.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
