US Official Says G-7 Price Cap on Russian Oil Is Working

Eric Van Nostrand, acting Assistant Secretary for Economic Policy at the US Department of the Treasury, discusses the price cap on Russian oil exports imposed by the Group of Seven nations. He also talks about the outlook for the US economy and the upcoming Group of 20 meeting in India. He speaks on the sideline of the Asia Pacific Petroleum Conference in Singapore with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia."