The US is still deciding which sanctions to impose on Russia as part of mandatory penalties triggered in 2018 that could include blocking Russian petroleum imports into the US and banning US bank loans to Moscow. Receive daily email alerts, subscriber notes & personalize your experience. Register Now A Department of State spokeswoman said Wednesday the administration is still considering the impact the sanctions will have on US national security interests. “We will proceed with our statutory requirements, but this process will take time,” she said. Blocking US imports of Russian oil would not have a significant market impact, but banning Russia’s access to international debt and other measures to hamper Russian exports could deliver a severe blow to its economy. The US imported about 317,500 b/d of refined products and 67,500 b/d of crude from Russia in the first 11 months of 2018, according to the […]