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Reuters
Reuters
Business

Yellen says she had 'productive' meetings on Russian oil price cap

Janet Yellen, U.S. Secretary of Treasury speaks with South Africa's Finance Minister Enoch Godongwana before their bilateral meeting on the sidelines of the G20 Finance Ministers Meeting in Nusa Dua, Bali, Indonesia July 16, 2022. Sonny Tumbelaka/Pool via REUTERS

U.S. Treasury Secretary Janet Yellen said on Saturday she had productive meetings about a proposed price cap on Russian oil with a host of countries on the sidelines of a meeting of the finance chiefs of the Group of 20 major economies.

Yellen said her bilateral meetings and the overall G20 sessions in Indonesia focused on the human and economic cost of Russia's invasion of Ukraine, with the United States and other countries "unequivocal in condemning their (Russia's) shameful actions."

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