The Russian government has threatened to cut off oil supplies to those countries that decide to cap the price of Russian crude, an idea the United States plans to bring to the G7 this Friday. oil and derivative products to companies or countries that impose restrictions,” Russian Deputy Prime Minister Alexander Novak stressed in statements reported by the Tass agency. The member of the Russian Executive considers that “interference” in the mechanisms of the oil market the oil industry only destabilize it. According to Novak, this will make European and American consumers, who are already paying a high price for crude oil, pay even higher prices. This Wednesday, Treasury Secretary Janet Yellen was optimistic after a meeting with her British counterpart, Nadim Zahawi, on the progress made by the G7 negotiating teams to agree on a limit on oil prices from Russia. Yellen believes that this measure will reduce the income that Putin “needs” to continue the war in Ukraine while reducing the pressure of energy prices on citizens. Novak has indicated that countries such as China or India do not support the idea of limiting oil prices, where Russia has redirected part of its exports after the embargo agreed by the European Union months ago.