USA TO BAN IMPORTS OF RUSSIAN OIL
March 8th, 2022It represents 3% of U.S. oil imports. While that might not sound like much, with the high level of chaos already in the market, it’s going to mean more upward pricing pressure at the pump now than it would during more normal times.
Via: Reuters:
The White House is expected to impose a ban on U.S. imports of oil from Russia as punishment for the invasion of Ukraine, Democratic U.S. Senator Chris Coons said.
