U.S. Treasury seeks three-phased Russian fuel price cap

Written by on October 4, 2022

GENEVA, Oct 4 (Reuters) - New sanctions by G7 countries on Russia will target its oil and products in three phases, senior U.S. treasury official Ben Harris told the Argus European Crude Conference in Geneva on Tuesday.

Harris, the Treasury's assistant secretary for economic policy, said G7 sanctions will target Russian crude oil, while later ones will focus . . .



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