State Department: US and G7 are considering imposing a cap on Russian oil prices

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WASHINGTON, July 12 – RIA Novosti. The United States and the G7 countries are actively exploring the possibility of a cap on the price of Russian oil, in consultation with third countries, the State Department said.

“US President Joe Biden and G7 leaders are actively researching Russian oil price captioning, consulting with third countries, and instructed their finance and energy ministries to move forward with this proposal,” a State Department spokesman told RIA Novosti.

Earlier at a briefing in the White House, Biden’s national security adviser Jake Sullivan stated that the main purpose USA in this context, the decline in income too Russia from the sale of oil. This should be done with minimal impact to consumers at gas stations, Sullivan added.

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Алексей Гармаш
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