US blocks tougher G7 sanctions wording on Russia – FT

May 27th 2025 2:32pm EDT

Treasury Secretary Scott Bessent reportedly asked finance ministers not to mention the oil price cap in a joint statement US Treasury Secretary Scott Bessent requested the omission of “explicit language” on lowering the price cap for Russian oil from the joint statement of G7 finance ministers last week, the Financial Times has reported, citing officials […]

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