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Reuters
Reuters
Politics

White House says it is not surprised on Russian reaction to oil price cap

White House United States Russia Oil Karine JeanPierre
FILE PHOTO: U.S. White House Press Secretary Karine Jean-Pierre speaks during a daily press briefing at the White House in Washington, U.S., November 18, 2022. REUTERS/Elizabeth Frantz

The White House said on Monday that it was not surprised by Russia's reaction to the West's price cap on oil from the country.

Spokesperson Karine Jean-Pierre said the cap can be adjusted over time to prevent Russia from profiting from the war in Ukraine while keeping Russian crude in the market.

(Reporting by Nandita Bose and Trevor Hunnicutt; Editing by Leslie Adler)

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