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U.
S.
Deputy Treasury Secretary Wally Adeyemo said he does not expect Washington to sanction countries or companies
that do not participate in the proposed campaign to limit the price of Russian oil.
"I don't think we need secondary sanctions," Adeyemo said in an interview with Bloomberg Television, as other countries would have an incentive to join the measure that would cap the
price of Russian crude.
He said that countries that import Russian oil certainly want to pay the lowest price
.
U.
S.
Treasury Secretary Janet Yellen is proposing to limit the flow of Russian oil revenues into the Kremlin to fund the invasion of Ukraine, while keeping the country's oil on the global market
.