US and UK ban Russian oil imports
The allies call a halt to deliveries, but Biden seems accepting that more exposed European countries will not follow suit
US president Joe Biden and UK prime minister Boris Johnson both announced on Tuesday afternoon that their countries will no longer accept Russian oil deliveries. But the chances of full Western embargo on buying from the embattled Putin regime still seems unlikely. “We are banning all imports of Russian oil, gas and energy,” says Biden. “Russian oil will no longer be acceptable at US ports.” But while the US “made this decision in close consultation with [its] allies and partners around the world, particularly in Europe”, Biden does not expect the continent to necessarily replicate its stance. “We are moving forward with this ban understanding that many of our European allies and partners ma
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away






