The United States on Tuesday announced a ban on Russian oil and other energy imports, in what can be seen as a highly symbolic move to punish Moscow over its invasion of Ukraine but which could risk driving crude prices higher amid concerns over supply disruptions.Britain also said the same day it will phase out imports of Russian oil by the end of the year, while the European Union, which relies heavily on Russia's energy resources, came up with a proposal to free itself of dependency on Russian fossil fuels before 2030.While the United States is not a major importer of Russian oil, Presid…READ FULL ARTICLE
