The economic and moral challenges of replacing Russian oil
The hunt for oil to replace banned Russian imports is forcing Washington into some difficult choices. But in one case, it might also lead to a happier outcome.
When President Joe Biden announced a U.S. ban on Russian oil and other energy imports last week, he called the sanction a “powerful blow to Putin’s war machine” currently invading Ukraine.
But the move means Washington must find alternative sources of crude elsewhere, and its search for new supplies, from Venezuela to Iran to Saudi Arabia, underscores the challenge of feeding the...