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Reuters
Reuters
Business
By Andrea Shalal and Susan Heavey

Other nations weighing G7 Russia oil price cap, U.S.'s Adeyemo says

U.S. Deputy Treasury Secretary Wally Adeyemo attends the National Action Network National Convention in New York, U.S., April 8, 2022. REUTERS/Eduardo Munoz

A number of oil-importing countries are considering joining the G7's plan to cap the price of Russian oil, Deputy U.S. Treasury Secretary Wally Adeyemo said on Thursday, adding that the group would issue related rules in the next few days.

Adeyemo, in an interview with Yahoo! News, said that India, a major importer of Russian oil, had agreed to continue talks about whether to join the Group of Seven's price cap initiative and that Washington hoped China would also consider it.

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