Price Cap Plan Does Not Imply US Will Import Russian Oil - Treasury

WASHINGTON (Pakistan Point News / Sputnik - 23rd November, 2022) The United States will not import Russian oil under the newly-revealed price cap plan adopted by Washington and its allies, the Treasury said in notice.

"The determination does not authorize the import of Russian oil into the United States, which is prohibited pursuant to EO 14066," the Treasury said on Tuesday.