HomeWorldUS urges Seoul to...

US urges Seoul to support Russia’s oil price cap – media

Photo: motto.net.ua

High oil prices will partially neutralize sanctions from European countries and the United States against Russia.

The United States is asking South Korea to support a proposal to limit Russia’s oil price as part of preparing a new package of international sanctions against Russia. On Wednesday, June 29, according to Yonhap News.

It was noticed that Russia significantly increased its revenues from the sale of crude due to strong demand in Asia, which partially offset economic restrictions from Europe and the United States. Against this backdrop, the G7 countries recently agreed to impose a price ceiling on Russia’s oil.

The publication, citing sources, reports that U.S. Deputy Secretary of the Treasury for Financial Intelligence Brian Nelson invited South Korea to join this step during his recent visit to Seoul.

It was also reported that limiting Russia’s oil price could be one of the main items on the agenda during U.S. Treasury Secretary Janet Yellen’s visit to South Korea, scheduled for July.

Earlier it was reported that G7 leaders were developing a mechanism by which a price ceiling for Russia’s oil and gas was introduced.

The G7 introduced a ceiling on Russia’s oil prices. What does this mean

News from Athletistic in the Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Trump and von der Lein will be connected

On July 27, Scotland will meet with the head of the European Commission Ursula von der Lein with US President Donald Trump. According to von der Lane, the main topic of negotiations will be trade relations between the EU and the USA. .in_text_content_22 {width:...

In the “people of the servants”, the draft law on reconciliation SAP and Nabu

The “Servant of People” faction will be supported by the presidential bill on the return of independence SAP and Nabu. The information that up to 70 deputies cannot vote is not true, the Yulia Palichuk faction told the public press secretary. .in_text_content_22 {width: 300px;...

In the “people of the servants”, the draft law on reconciliation SAP and Nabu

The “Servant of People” faction will be supported by the presidential bill on the return of independence SAP and Nabu. The information that up to 70 deputies cannot vote is not true, the Yulia Palichuk faction told the public press secretary. .in_text_content_22 {width: 300px;...

The accident showed diplomats of evidence of the current components in the Russian Federation (photo)

Ukrainian intelligence presented evidence to the diplomats that Russian weapons contained Western components that came to the Russian Federation, despite sanctions. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } At...