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The United States ready to act without allies in ban imports of Russian oil

by Ayaz Ahmet
July 3, 2023
in World
2 min read
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The United States is ready to accelerate up punishments on Moscow over son invasion of Ukraine and go with a ban on Russian oil imports without the participation of allies in Europe, according to two people familiar with the question.

President Joe Biden is expected to hold a videoconference call with The leaders of France, Germany and United Kingdom on Monday while son administration continues to seek their support for a ban on imports.

The White House is also to negotiate with congressional leaders who working on fast-monitoring of the legislation prohibiting Russian imports, a move which obliges the administration to work on an accelerated schedule, a source told Reuters.

A senior we official told Reuters no final decision has been made but he is probable just the United States if that happens.

Oil prices have risen to their highest levels since 2008 due to delays in potential return of iranian crude to global markets and that the United States and its European allies are considering banning Russian imports.

Europe relies on Russia for crude oil and natural gas, but has become more open to the idea of ban Russian products. The United States counts much less on crude and Russian products, but a ban help drive prices up and pinch American consumers already see historical prices at the gas pump.

American house of Representatives Chair Nancy Pelosi said in a Sunday letter that his chamber is “exploring” legislation to ban the importation of Russian oil and that Congress intends to decree this week 10 billion dollars in aid for Ukraine in response to Moscow military invasion of son next to.

A bipartisan group of US senators introduced a bill on Thursday to ban US imports of Russian oil. The bill is getting heavier fast-monitoring.

After’invasion of Ukraine by Russia, the White House imposed sanctions on exports of technologies to Russian refineries and the Nord Stream 2 gas pipeline, which was never launched.

So far it has stopped net of target Russia’s oil and gas exports as Biden administration assesses impacts on global oil markets and energy prices in the United States.

Asked if the United States ruled out unilaterally banning Russian oil imports, US secretary says of State Anthony Blinken on Sunday said, “I’m not going rule out To take part one way or another, it doesn’t matter of what they do, but all we did, the approach begins with to coordinate with allies and partners. »

At the same time, the White House has not denied that Biden could take a trip to Saudi Arabia as the United States seeks to get Riyadh to increase energy production. Axios has flagged such a trip as a possibility.

“These are premature speculations and no travel is planned,” the White House said. official noted.

A year ago Biden changed the United States policy far from home on Saudi Crown Prince Mohammed bin Salman (MBS), who is considered by many to be the de facto leader of Saudi Arabia and next in line to the throne held by the 85-year-Old King Salman.

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