Pelosi tells caucus that the House is moving ahead on oil banWTI crude is now up $6.50 to $125.77, near the highs of the day.
I think you can consider that as a done deal at this point. The UK is also headed in the same direction. Europeans don't appear to want to follow but the pressure is ramping up. Former French President Hollande wrote an op-ed today cal
Source: Pelosi tells caucus that the House is moving ahead on oil ban (https://www.forexlive.com/news/pelosi-tells-caucus-that-the-house-is-moving-ahead-on--oil-ban-20220308/)
forexlive.com