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White House says 'no decision' made on banning Russian oil imports

34305 white house says no decision made on banning russian oil imports

President Joe Biden has not made a decision about banning Russian oil imports into the U.S., White House press secretary Jen Psaki said on Monday. “No decision has been made at this point by the president about a ban on importing oil from Russia,” Psaki told reporters at a regular briefing. Psaki said discussions about a potential ban are happening within the U.S. government as well as with other nations. Some U.S. lawmakers are pushing for such a ban. Oil futures rallied on Monday, with U.S. prices CLJ22, +2.28% scoring a gain of more than 3% as the U.S. and Britain considered a ban on Russia oil.

Source: Marketwatch

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