US deputy treasury secretary Wally Adeyemo on Friday said Washington wants India to join the coalition that is seeking to impose a price cap on Russian oil. The restriction is aimed at squeezing revenue streams for Moscow and softening the global energy prices. “I had a very constructive conversation with my Indian counterpart (finance minister Nirmala Sitharaman) on the price cap proposal. But I also talked to the private sector participants in India about price cap as well. Ultimately, we share the same objective, which is making sure that our consumers and businesses pay the lowest price possible for energy,” …
