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White House press secretary Jen Psaki said last Friday that the administration is "looking at options amid pressure from bipartisan lawmakers in Congress.

NBC News Secretary of State Antony Blinken on Sunday revealed that the United States was engaging with its European allies on a potential ban on Russian oil imports, as the international community looks to inflict further punishment for its unprovoked war on Ukraine. In a private Zoom call this weekend, Ukrainian President Volodymyr Zelensky emotionally appealed to U.S. lawmakers to impose even more crippling economic sanctions on Russia in an effort to cease President Vladimir Putin’s assault on his country. Zelensky also urged America to target Russia’s oil industry, asked for more direct military aid, and pushed for the establishment of a “no-fly zone” over his country. While the Biden administration had previously downplayed the possibility of sanctioning Russian oil to punish Putin , saying they “don’t have a strategic interest in reducing the global supply of energy,” Blinken was singing a different tune on Sunday. Read more at The Daily Beast.

Washington Post published this video item, entitled "U.S. officials consider accusations of war crimes in Ukraine, blocking Russian oil" - below is their

Secretary of State Antony Blinken said Sunday on CNN''s "State of the Union" that the United States was engaged in an "active discussion" on banning Russian oil imports. …

Secretary of State Antony Blinken said Sunday on CNN''s "State of the Union" that the United States was engaged in an "active discussion" on banning Russian oil imports.

Secretary of State Antony Blinken said Sunday that the U.S. is considering a ban on Russian oil imports "in coordination" with European and NATO allies.

LONDON, United Kingdom: British dockers on Saturday (Sunday in Manila) refused to unload Russian oil from a tanker, calling for the government to close a "loophole" in sanctions allowing foreign-flagged ships to deliver the fuel. The Seacod is currently moored near the Stanlow refinery in northwest England and unions say its cargo is not covered by a ban on Russian vessels because it is German flagged. UK sanctions introduced over the invasion of Ukraine ban all ships that are Russian owned, operated, controlled, registered or flagged from entering British ports. Unite union general secretary Sharon Graham said that "due to the ongoing conflict in Ukraine, Unite workers at the (Stanlow) facility will under no circumstances unload any Russian oil regardless of the nationality of the vessel." "Unite urges the Transport Secretary Grant Shapps to close this loophole immediately." The refinery''s operator, India''s Essar, said it was "deeply concerned by the humanitarian crisis unfolding in Ukraine and is fully complying with the statutory framework implemented by the UK government with regard to Russia-related entities." The UK is less dependent on Russian energy than many other European nations.

A number of congressional Democrats in recent days have come out in support of banning the importation of Russian oil to the U.S. in response to Russia’s invasion of Ukraine. Now, one Republican is putting the Democrats to the test. Breitbart News reports that Rep. Greg Steube (R-FL) is calling upon congressional Democrats to prove […] The post GOP lawmaker calls upon Democrats to pass a measure banning Russian oil imports first appeared on Conservative Institute .

CRUDE OIL HIGHLIGHTS: Headline Risk Remains Elevated for Crude Oil Traders Iran Nuclear Deal Also in Focus Headline Risk Remains Elevated for Crude Oil Traders Another bout of risk aversion stemmed from reports that Russian troops had seized Europe’s largest nuclear power plant, which in turn saw oil prices retain a bid, meanwhile European equities […] The post Crude Oil Forecast: Oil Prices Face Headline Risk appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

In view of the Russia-Ukraine conflict, oil marketing companies (OMCs) are bearing the pain of surging crude oil prices with marketing margins severely hit. Oil prices rose above USD 111 a barrel on Friday.

The post Top shale oil boss warns US can’t replace any Russia shortfall appeared on BitcoinEthereumNews.com . The head of the US’s biggest shale oil operator said the country would be unable to replace crude supplies from Russia this year, even as he backed calls for a…

Brazil''s government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer''s board, the company said in a filing on Saturday night

Prevaling economic realities, especially the rising price of crude oil at the international market, and the cost of petrol subsidy, which is threatening the 36 states could worsen… The post States face bankruptcy over N3t subsidy, debts appeared first on The Guardian Nigeria News - Nigeria and World News .

In the most recent instance of British dock workers refusing to handle Russian oil, a tanker is still waiting in a dock near Manchester to be unloaded. The SeaCod remains moored at Birkenhead Docks, and does not strictly come under the UK’s ban on Russian shipping. Grant Shapps ordered a ban on “all ships with any […] ‘Won’t touch it’ British dock workers furiously REFUSE to unload Russian oil from ship

MOSCOW: In an effort to safeguard its trade and business interests in the face of tough sanctions imposed on it after its invasion of Ukraine, Russia on Saturday sought guarantees from the US before committing to supporting the proposed Iran nuclear deal. The statement by Russian Foreign Minister Sergei Lavrov about the guarantees his government was seeking poured cold water on the prospects of an early revival of Tehran’s 2015 nuclear deal. Commenting on the announcement by Russia, which could torpedo months of intensive indirect talks between Tehran and Washington in Vienna, an Iranian official said: “Russians had put this demand on the table (at the Vienna talks) since two days ago. There is an understanding that by changing its position in Vienna talks Russia wants to secure its interests in other places. This move is not constructive for Vienna nuclear talks,” said the Iranian official in Tehran. Iran and the International Atomic Energy Agency (IAEA), meanwhile, said after talks in Tehran that they had agreed on an approach to resolve issues crucial for efforts to revive the deal.