March 13, 2026

U.S. Says Russia Oil Price Cap Will Not Be Aimed At OPEC

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U.S. Says Russia Oil Price Cap Will Not Be Aimed At OPEC

 

The comments could help ease a spat between the United States and Saudi Arabia, the top oil exporter and de facto OPEC leader, over what Washington sees as collaboration with Russia to deprive markets of supply just as a global recession looms.