G7 wants to cap Russian oil price – US Treasury

G7 wants to cap Russian oil price – US Treasury

G7 countries are discussing the possibility of setting up a cartel to buy Russian oil at a fixed price, US Treasury secretary announced

US Treasury chief: G7 wants to create a cartel of buyers for Russian oil

The G7 countries are discussing the creation of a special cartel, the purpose of which will be to establish a price threshold for Russian oil, Bloomberg reports with reference to RIA Novosti, 20.05.2022

G7 countries will create a cartel to control oil prices from Russia

Europe and the United States can create a cartel of countries importing Russian oil in order to be able to influence its quotations and limit exports from our country. It is highly likely that the cartel will be created, but how effective its work will be is a big question

G7 countries plan to create a cartel to control prices for Russian oil

Western countries can create a cartel of buyers of Russian oil to control the increase in fuel prices, writes The Wall Street Journal.

G7 considers possibility of creating a 'cartel of buyers' of Russian oil