US Wants to Limit Putin’s Oil Profits, Hochstein Says

Restricting” Vladimir Putin’s profits while still ensuring Russian crude reaches the market and provides adequate supply is a “delicate balance,” said US energy security adviser Amos Hochstein. He spoke to Bloomberg’s David Westin on “Balance of Power.” Hochstein also spoke about OPEC+ possibly cutting production and he expects gas prices to keep coming down.

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Source: Bloomberg Markets and Finance