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United States Says It's Not Surprised on Russian Reaction to Oil Price Cap

The White House spokesperson said that price cap can be adjusted over time to prevent Russia from profiting from the war in Ukraine while keeping Russian crude in the market.

United States Says It's Not Surprised on Russian Reaction to Oil Price Cap

Washington: The White House said on Monday that it was not surprised by Russia's reaction to the West's price cap on oil from the country.

Spokesperson Karine Jean-Pierre said the cap can be adjusted over time to prevent Russia from profiting from the war in Ukraine while keeping Russian crude in the market.

Original News: World News | Reuters

(Except for the headline, this story has not been edited by Scrabbl staff and is published from a syndicated feed)