This Article is From Dec 06, 2022

US 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.

US said it was not surprised by Russia's reaction to the West's price cap on oil.

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.

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