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Boycott imports of Russian oil – US and European allies

Punjab Tribune Bureau | March 07, 2022 11:26 AM

WASHINGTON - The United States and European allies are discussing to restrict the imports of Russian oil, U.S. Secretary of State Antony Blinken said on Sunday, and the White House composed with key Congressional boards of trustees pushing ahead with their own ban.

Europe depends on Russia for crude oil and natural gas yet has become more open to forbidding Russian items in the beyond 24 hours, Reuters reported.

Meanwhile, U.S. Place of Representatives Speaker Nancy Pelosi likewise said in a letter that the chamber is "investigating" regulation to boycott the import of Russian oil and that Congress means to institute this week $10 billion in help for Ukraine in light of Moscow's military invasion of its neighbour.

The White House is likewise chatting with the Senate Finance Committee and House of Representatives Ways and Means Committee about an expected boycott, the source said.

Still, Blinken additionally focused on the significance of keeping up with consistent oil supplies internationally.

 

"We are currently in extremely dynamic conversations with our European accomplices about restricting the import of Russian oil to our nations, while obviously, at the same time, keeping a consistent worldwide inventory of oil," Blinken said in a meeting on NBC's "Meet the Press" show.

 

Blinken, who is out traveling across Europe to facilitate with partners the reaction to Russia's attack of Ukraine, likewise said he talked about oil imports with President Joe Biden and his bureau on Saturday.

 

 

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