The Secretary of State said on Sunday that the U.S. is discussing an import ban of Russian oil, which would be the most significant U.S. actions to cut off Russia's economy.
During a Sunday morning appearance on NBC's Meet the Press, Blinken said the U.S. is in talks with European partners to implement a Russian oil ban.
On CNN's State of the Union, Tony Blinken said he discussed the matter on a Saturday phone call with President Joe Biden and other members of the cabinet.
Russia is the primary supplier of oil to the U.S.
The White House had long resisted a ban on Russian oil imports, but Vice President Biden said Wednesday that the ban was still on the table. The oil ban received broad bipartisan support last week, with the likes of Pelosi and Manchin calling for it. Ryan Fitzmaurice, an energy analyst at Rabobank, told CNN Friday that a ban would be symbolic and not have much impact on the American oil supply. Last week, the U.S. committed to release 30 million barrels of oil from its strategic reserves, and American allies in Asia and Europe said they will release 30 million barrels in a coordinated effort to combat supply issues stemming from the war in Ukraine.
Linda Thomas-Greenfield, the U.S. ambassador to the United Nations, told ABC News she supports the oil ban.
80%. According to a poll conducted Thursday and Friday, a majority of Americans support stopping purchases of Russian oil.
There are very credible reports of deliberate attacks on civilians, which would constitute a war crime if they were committed by Russia.
Zelensky says that Russia plans to bomb Odessa.
The push to ban Russian oil is gaining steam. Here is what that means for US energy prices.