Home / Market Update / Commodities / US To Start Russian Oil Ban Without Allies

US To Start Russian Oil Ban Without Allies

The Biden administration is willing to move ahead to execute a ban on Russian oil imports to the US without the participation of European allies.

Since Russia’s invasion of Ukraine, the UK and Japan’s potential participation with the US in a Russian oil import ban is still a “live discussion”.

Earlier in the day, UK PM Boris Johnson had not come across too keen on the idea of a blanket ban on Russian energy imports.

Check Also

Swiss Franc Edges Up Amid U.S. Tariff Pressures on Gold Exports

The Swiss Franc (CHF) gained slightly against the U.S. Dollar (USD) on Friday, with the …