By Christopher Condon

11/12/2022 (Bloomberg) – Treasury Secretary Janet Yellen said it was “very likely” that European sanctions would force Russia to offer some of its crude oil exports at a price set by the US and its allies if Moscow wanted to avoid a shutdown – in of some deliveries.

“They’re going to be looking for buyers, and we think they’re going to have a hard time selling everything,” Yellen said in an interview with Bloomberg News on Saturday. “Our estimate is in…

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