NEW YORK (Reuters) – The White House on Friday welcomed news that the European Union was “coming together” on a $60 per barrel price cap on Russian seaborne oil, and said the deal should help limit Russian revenues.
“We still believe … that a price cap will help limit Mr. Putin’s ability to profiteer off the oil market so that he can continue to fund a war machine that continues to kill innocent Ukrainians,” national security spokesman John Kirby told reporters.
(Reporting by Andrea Shalal and Steve Holland)
