Biden Officials Weigh Russian Oil Ban as Gas Prices Soar

Written by on March 8, 2022

But that cross-border cooperation could stop with oil. Chancellor Olaf Scholz of Germany said his country could not simply turn off the spigot.

“Europe has deliberately exempted energy supplies from Russia from sanctions,” he said in a statement on Monday. “At the moment, Europe’s supply of energy for heat generation, mobility, power supply and industry cannot be secured in any other way.”

Biden administration officials say the immediate discussions over Russian energy are focused on banning domestic oil imports rather than . . .



Current track

Title

Artist