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White House Weighs Ban on Russian Oil Imports as Congress Fumes

  • Measures to ban Russian crude gaining bipartisan support
  • White House spokesperson says no decision has been made
Bloomberg business news
WATCH: The White House may ban Russian oil imports.Source: Bloomberg
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The Biden administration is weighing a ban on U.S. imports of Russian crude oil as Congress races toward passing such a restriction to punish the Kremlin for its invasion of Ukraine.

Conversations are taking place within the administration and with the U.S. oil and gas industry on the impact such a move would have on American consumers and the global supply, according to people familiar with the matter.