March 08, 2022
The Biden administration on Tuesday banned US oil imports from Russia to punish its invasion of Ukraine. Although the US — the world's second-largest producer of crude — is a net exporter of black gold and far less dependent on Russian oil than European countries, the move will likely still hurt Americans via higher gas prices until other US oil suppliers ramp up production to fill the void. We take a look at where the US buys its crude from.
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Armenia's Prime Minister Nikol Pashinyan has won a commanding election victory on a pro-Western platform, cementing the country's pivot away from Moscow with fresh deals signed with Washington this year.
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