US considers a ban on Russian oil imports as gas prices soar to highest since '08
The White House is negotiating with congressional leaders who are working on fast-tracking legislation banning Russian imports.
By OMRI NAHMIAS, REUTERS
Published: MARCH 7, 2022
WASHINGTON – The Biden administration is willing to move ahead with a ban on Russian oil imports into the United States without the participation of allies in Europe, two people familiar with the matter told Reuters, after Russia’s invasion of Ukraine. President Joe Biden is expected to hold a video conference call with the leaders of France, Germany and the United Kingdom on Monday as his administration continues to seek their support for a ban on imports.
The White House is also negotiating with congressional leaders who are working on fast-tracking legislation banning Russian imports, a move that is forcing the administration to work on an expedited timeline, a source told Reuters. A senior US official told Reuters that no final decision has been made but “it is likely just the US if it happens.”
Germany, the biggest buyer of Russian crude oil, has rejected plans to ban energy imports. Berlin is accelerating its plans to expand its use of alternative energy sources but cannot halt imports of Russian energy overnight, German Chancellor Olaf Scholz said on Monday.
more........... https://www.jpost.com/international/article-700600
The White House is negotiating with congressional leaders who are working on fast-tracking legislation banning Russian imports.
By OMRI NAHMIAS, REUTERS
Published: MARCH 7, 2022
WASHINGTON – The Biden administration is willing to move ahead with a ban on Russian oil imports into the United States without the participation of allies in Europe, two people familiar with the matter told Reuters, after Russia’s invasion of Ukraine. President Joe Biden is expected to hold a video conference call with the leaders of France, Germany and the United Kingdom on Monday as his administration continues to seek their support for a ban on imports.
The White House is also negotiating with congressional leaders who are working on fast-tracking legislation banning Russian imports, a move that is forcing the administration to work on an expedited timeline, a source told Reuters. A senior US official told Reuters that no final decision has been made but “it is likely just the US if it happens.”
Germany, the biggest buyer of Russian crude oil, has rejected plans to ban energy imports. Berlin is accelerating its plans to expand its use of alternative energy sources but cannot halt imports of Russian energy overnight, German Chancellor Olaf Scholz said on Monday.
more........... https://www.jpost.com/international/article-700600