How much oil does the U.S. import from Russia, and why? What might happen if the U.S. and other countries slow the flow of Russian crude? Here is a look at why the U.S. still imports Russian crude and where it goes.
Despite being the top global producer, the U.S. turns to Russian crude to service more-isolated coastal markets and keep refineries running at optimal levels
Russia’s attack on Ukraine helped push the price of oil to over $100 a barrel for the first time since 2014. Here’s how rising oil costs could further boost inflation across the U.S. economy. Photo illustration: Todd Johnsonmade America the world’s biggest oil producer a few years ago, but the U.S. still imports millions of barrels each day from other parts of the world, including Russia.
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