The US said the price cap is an “important tool” to restrict the revenue Russia receives to fund its illegal war in Ukraine, while also maintaining a reliable supply of oil onto global markets.
Oil price cap on Russian oil will benefit emerging markets, help constrain Putin’s finances: US
![214114-crude-oil-reuters.jpg](https://corporatesoldiers.in/wp-content/uploads/2022/12/214114-crude-oil-reuters-696x489.jpg)
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