U.S. Treasury's Adeyemo Heads To Berlin, Brussels On Oil Price Cap, Ukraine Support

U.S. Deputy Treasury Secretary Wally Adeyemo will urge allies to provide continued "timely" support for Ukraine and discuss how to implement a price cap on Russian oil during visits to Germany's capital, Berlin, and Brussels, this week, the Treasury Department said on December 15. Adeyemo's trip comes as the EU agreed a ninth package of sanctions against Russia over Moscow's invasion of Ukraine and said it would provide 18 billion euros in financing for Ukraine next year. The United States is accelerating its diplomacy at the start of what could be a brutal winter, hoping to maintain unity against Russia. To read the original story by Reuters, click here.