Dozens of oil importers considering joining Russian oil cap: Deputy Treasury Secretary
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However, since price caps provide greater transparency, India and other oil importing nations will have an advantage in negotiating oil sales prices with Russia, even if they do not participate in the scheme. He indicated that he would.
WASHINGTON (Reuters) - U.S. Deputy Treasury Secretary Adeyemo said on Thursday that many oil importing nations had pushed the price of Russian oil to... → Continue reading
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[rdp-wiki-embed url=”https://en.wikipedia.org/wiki/Price cap scheme”][rdp-wiki-embed url=”https://en.wikipedia.org/wiki/Oil importing countries ”]