The White House appears to believe it has a chance to keep the Senate in Democrat hands – but that opportunity could be endangered from a serious spike in oil prices if Germany had to start buying oil from global markets.
Biden Admin. Pushed Germany to Delay Russian Oil Ban Until After Midterms
By Marisa Herman | Monday, 25 April 2022 10:47 PM
Germany’s decision to not immediately end Russian oil imports – a move that would deliver a crucial blow to the Kremlin over its war in Ukraine – came at the urgent request of the Biden administration, a senior European official involved in Russian sanctions tells Newsmax.
The European official told Newsmax that the Biden administration has also been pushing the Germans to delay cutting off Russian oil until later this year and after the U.S. midterm elections.
The White House appears to believe it has a chance to keep the Senate in Democrat hands – but that opportunity could be endangered from a serious spike in oil prices if Germany had to start buying oil from global markets.
This month President Biden signed a law that bans all Russian imports of oil, gas and coal to the U.S.
But Biden had been reluctant to approve such a ban fearing the already high cost of gasoline would grow, even though the U.S. only imports 3% of crude oil from Russia.
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