Biden bans Russian oil, warns of ‘Putin price hike’ at pump

WASHINGTON (AP) — President Joe Biden announced Tuesday the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, but he acknowledged it will bring costs to Americans, particularly at the gas pump.

The action follows pleas by Ukrainian President Volodymyr Zelenskyy to U.S. and Western officials to cut off the imports, which had been a glaring omission in the massive sanctions put in place on Russia over the invasion….


Source link

About search

Check Also

GameStop stock gains more than 100% as meme-stock market returns with a vengeance – Yahoo Finance

GameStop stock gains more than 100% as meme-stock market returns with a vengeance – Yahoo Finance

[unable to retrieve full-text content]GameStop stock gains more than 100% as meme-stock market returns with …

Leave a Reply

Your email address will not be published. Required fields are marked *