Vai Reuters:

  • U.S. Treasury Secretary Janet Yellen will meet with South Korean President Yoon Suk-yeol and other senior officials in Seoul on Tuesday
  • During her meetings in Seoul, Yellen will continue to push for a proposed cap on the price of Russian oil and discuss efforts to address supply chain bottlenecks through "friendshoring" - or boosting trade ties with trusted economic partners like South Korea, Treasury said.

Oil is dipping a little lower to open the new trading week:

oil 18 July 2022 chart