• US Treasury Sec. Yellen and UK Finance Minister Zahawi discussed Russian oil price cap

Market news

27 tháng 7 2022

US Treasury Sec. Yellen and UK Finance Minister Zahawi discussed Russian oil price cap

US Treasury Secretary Janet Yellen and UK Finance Minister Nadhim Zahawi had a telephonic call early Wednesday.

Both top diplomats reportedly discussed the proposed cap on the Russian oil price, and other sanctions-related matters.

Market reaction

WTI was last seen trading lower by 0.63% on the day at $94.20. Recession fears continue to dent the demand for higher-yielding oil.

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