Iranian oil

The Biden administration instead of encouraging US production of oil chose to purchase oil from Russia. Since the war started American companies have stopped buying oil from Russia. Now the US is looking to buy from Iran. The United States and Iran have nearly completed negotiations on reviving a nuclear accord that could bring more than a million bpd of oil, or about 1% of global supply, back to the market. "We are close to a possible deal," Jalina Porter, the U.S. State Department's principal deputy spokesperson, told reporters. It was just two days ago that Biden in the State of the Union speech said to buy American.