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US May Consider Lifting Oil Price Cap if Russia-Ukraine Talks Progress: Wire
Advisors to US President Donald Trump are evaluating the possibility of lifting or adjusting sanctions on Russia, including the oil price cap, Bloomberg reported, citing sources. T...
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US May Consider Lifting Oil Price Cap if Russia-Ukraine Talks Progress: Wire
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Advisors to US President Donald Trump are evaluating the possibility of lifting or adjusting sanctions on Russia, including the oil price cap, Bloomberg reported, citing sources. These measures will be contingent on the progress in negotiations with Russia to end the Russia-Ukraine war.

The US's actions will result in a noticeable policy divergence with the UK and the EU, who have emphasized that they will not lift sanctions on Russia prematurely, according to the report.

Related NewsInitial Jobless Claims for May/24 in United States is 240K, higher than the previous value of 226K. The forecast was 230K.

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