White House says sanctioning Russian fuel exports 'on the table,' but Biden still weighing their impact on gas prices at home
CNN
The possibility of the US sanctioning Russian oil exports is "still on the table" as President Joe Biden looks for more ways to punish the country for its invasion of Ukraine, White House press secretary Jen Psaki said Wednesday.
Taking such a step would be an extraordinary measure that could have an intense effect on domestic gas prices, however, and Psaki made clear that the White House's top priority is to minimize the impact at home.
"What (Biden) does not want to do is topple the global oil markets or the global marketplace or impact the American people more with higher energy and gas prices," Psaki told CNN's John Berman on "New Day."
The United States and 16 other countries whose citizens were taken hostage by Hamas on October 7 are set to release a joint statement Thursday calling on Israel and Hamas to come to an agreement on the most recent ceasefire and hostages proposal, according to a US official – marking the latest move in the Biden administration’s push to bring to an end the Israel-Hamas war.