The United States is open to imposing sanctions on Russia’s oil and gas flows but going after its exports now could help Moscow, the White House said on Wednesday as oil prices surged to an 11-year high and supply disruptions mounted. After Russia’s invasion of Ukraine, the White House slapped sanctions on exports of technologies to Russia’s refineries and the Nord Stream 2 gas pipeline, which has never launched. So far, it has stopped short of targeting Russia’s oil and gas exports as the Biden administration weighs the impacts on global oil markets and U.S. energy prices. “We don’t have a strategic interest in reducing global supply of energy … that would raise prices at the gas pump for Americans,” spokesperson Karine Jean-Pierre said at a White House news briefing. The administration warned it could block Russian oil if Moscow heightens aggression against Ukraine. […]