US administration split over new anti-Russian sanctions

The US administration cannot develop a unified approach on the advisability of introducing new sanctions against Moscow because of the events in Ukraine.

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For example, some members of the Biden administration, including White House and State Department officials, are pushing for tighter and tighter restrictions on Russia. They are confident that the economic consequences of this will be overcome. Another group of US officials, which includes representatives of the US Treasury, is concerned about the risks of such restrictive measures for the global economy. Among the problematic areas are the food crisis, problems with oil logistics, inflation, and volatile energy prices.

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“Some of the officials are concerned that the US midterm elections are approaching, Democrats could lose seats if gasoline prices at US gas stations remain as high. This group advocates a different, untested approach: capping oil prices that would allow countries buy energy resources from Russia, while limiting Moscow’s revenues,” administration officials say.