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India has ‘shown great interest’ on Russian oil price cap proposal: US official

US Deputy Secretary of Treasury Wally Adeyemo on Friday said India has “shown great interest” with respect to the proposal of capping Russian oil price. The price cap will ensure that there is a reduction in revenues for Russia, he said during a media interaction here. Also Read: 2050 net-zero target can boost India’s GDP by 7.3 pc by 2032: Report  “In my conversation with Indian officials and policy makers about the price cap coalition, they have shown great interest as this is in line with India’s objective of lowering energy price for consumers. We are providing information to them …

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