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Ukraine Latest: Yellen Warns Russia Risks ‘Shut In’ of Some Oil

A banner reads "Kherson is Ukraine" in Kyiv. on Nov. 11.

A banner reads "Kherson is Ukraine" in Kyiv. on Nov. 11.

Photographer: Oleksii Chumachenko/SOPA Images/LightRocket/Getty Images

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Bloomberg News
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US Treasury Secretary Janet Yellen said it’s “very likely” that European Union sanctions will force Russia to offer some crude oil exports at a price set by the US and its allies, if Moscow wishes to prevent a shut-in of some supplies.