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America-Ukraine: US, Ukraine discuss on the price limit of import oil from Russia

WASHINGTON: US Deputy Treasury Secretary Wally Ademo and Ukraine’s Finance Minister Sergei Marchenko mentioned the progress made in setting a worth cap on oil imported from Russia. The Treasury Division issued a readout of this dialog and knowledgeable about it.

“Deputy Secretary Ademo said that the US Treasury Department is using its authority to impose sanctions on Russia to undermine Russia’s ability to wage war in Ukraine and threaten its neighboring countries,” the readout mentioned on Wednesday. In the meantime, Deputy Secretary Ademo and Minister Marchenko raised a worth cap on imported oil from Russia to limit income for Russia’s navy so as to scale back the influence of the Russian battle on world oil and vitality costs. The progress made in direction of implementation was additionally mentioned. “Ademo and Marchenko also discussed the issue of countries providing aid to Ukraine, including the latest US contribution of $1.7 billion to Ukraine in direct budgetary support,” the readout mentioned.

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