The United States is working constantly with the European Union to bring forward regulations in the coming months on a price cap for Russian oil, Elizabeth Rosenberg, Assistant Secretary for Terrorist Financing and Financial Crimes, told a Senate hearing on Wednesday
WASHINGTON (Pakistan Point News / Sputnik - 28th September, 2022) The United States is working constantly with the European Union to bring forward regulations in the coming months on a price cap for Russian oil, Elizabeth Rosenberg, Assistant Secretary for Terrorist Financing and Financial Crimes, told a Senate hearing on Wednesday.
"We are working with them constantly, daily to bring forward the regulations - in their case it will be regulation, in ours it will be through administrative action, the UK will use legislation - such that we are in a position to implement it in the coming months," Rosenberg said. "We have every good indication that we are moving together towards implementation of this policy."
