Deputy Treasury Secretary Brian Nelson will discuss with the Brazilian Ministry of Finance during his visit to Brazil the limitation of international oil prices to put pressure on Russia. According to the press service of the U.S. Treasury Department.

Are oil prices going up? The ministry representatives intend to discuss possible further sanctions against Russia, as well as efforts to mitigate the effects of Russia’s military operation in Ukraine.

“In Sao Paulo, the deputy secretary will meet with representatives of financial institutions to discuss anti-money laundering and terrorist financing, as well as compliance with sanctions, including Treasury Department general licenses related to agricultural products and fertilizers,” the ministry said.

Earlier we reported that Oil prices declined today after a strong increase in previous trading results.