March 7, 2022
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White House press secretary Jen Psaki on Sunday said calls for the U.S. to boost its own fossil fuel production in response to Russia's invasion of Ukraine, which has increased oil prices further, were a "misdiagnosis."
Since Russia launched a full-scale military invasion of Ukraine last week, the U.S. has issued a wave of sanctions against Russian banks and even Russian President Vladimir Putin himself.
But the U.S. has so far refrained from directly sanctioning Russian energy exports. The reason is Europe, which depends on Russian oil and has opposed doing anything that would turn off the spigot.
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