A coalition of countries led by the United States and other Group of Seven (G7) partner countries will implement a price cap on Russian energy by December 5, Deputy Treasury Secretary Wally Adeyemo said on Thursday
WASHINGTON (Pakistan Point News / Sputnik - 08th September, 2022) A coalition of countries led by the United States and other Group of Seven (G7) partner countries will implement a price cap on Russian energy by December 5, Deputy Treasury Secretary Wally Adeyemo said on Thursday.
"We're going to put in place a price cap by December 5," Adeyemo told Yahoo news an interview.
The proposed price cap comes as a response to Russia's special military operation in Ukraine, with the goal being to cut the country's revenues from energy sales.
