Sub-title For This First Blog Post
The Biden administration is weighing a ban on U.S. imports of Russian crude oil
as Congress races toward passing such a restriction to punish the Kremlin for
its invasion of Ukraine. Conversations are taking place within the
administration and with the U.S. oil and gas industry on the impact such a move
would have on American consumers and the global supply, according to people
familiar with the matter. Earlier this week, the White House publicly rebuffed
suggestions from lawmakers that the U.S. ban Russian oil. But pressure has grown
for a ban along with American outrage over Russia’s invasion, and lawmakers have
made clear they will act.
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