Biden: US imposes ban on Russian oil and gas imports

    The US is imposing a ban on imports of Russian oil and gas, US President Joe Biden said.

    "Today, I am announcing the United States is targeting the main artery of Russia's economy," the president said. "We're banning all imports of Russian oil and gas energy. That means Russian oil will no longer be accepted in U.S. ports, and the American people will deal another powerful blow to Putin's war machine," Biden said.

    Biden acknowledged that a ban on Russian oil, natural gas and coal imports to the United States would have its price, but lawmakers are united in their action.

    "The decision today is not without cost here at home," Mr. Biden said Tuesday. "Putin's war is already hurting Americans at the gas pump. Since Putin began his military buildup on Ukrainian borders, just since then, the price at the gas pump in America went up 75 cents. And with this action, it's going to go up further. I'm going to do everything I can to minimize Putin's price hike here at home,” he added.

     

    Armenia News - NEWS.am


    #ECONOMY
    #OIL
    #GAS
    #POLITICS
    #SECURITY
    #USA
    #RUSSIA
    #PUTIN
    #DIPLOMACY
    #BIDEN
    #AND
    #IMPORTS

    09.03.2022 09:07





Latest news

    Georgia’s Constitutional Court Continues Case on Banning Opposition Parties: Political Pluralism at Stake

    12.Oct.2026

    Azerbaijan and Iran Step Up Security Contacts Amid Hijab Protests

    12.Oct.2026

    Personnel Shortages Complicate Ukrainian Forces’ Rotation: Ukraine Faces Long-Term Challenges on the Front Line

    11.Oct.2026

    Trump Eases Sanctions on Russian Fuel After Talks with Putin: Kyiv Fears Boost to Moscow’s War Revenues

    10.Oct.2026

    Putin Seeks to Strengthen Russia’s Influence in the Post-Soviet Space Through the CIS

    10.Oct.2026

    Russia and the South Caucasus: External Pressure, Political Competition and a Crisis of Trust

    10.Oct.2026

    Peaceful Settlement Between Armenia and Azerbaijan: Moving from Declarations to Implementation

    10.Oct.2026

    Moldova Ready to Accept as Many Ukrainians as Necessary if Situation Worsens This Winter

    09.Oct.2026

    Turkmenistan Turns Avaza into a Regional Diplomatic Hub as Caspian, Central Asian and CIS Agendas Converge

    08.Oct.2026

    Romania Scrambles Spanish F-18s After Aerial Targets Detected Near Ukrainian Border

    07.Oct.2026

    Berlin Deepens Defence Partnership with Kyiv: Germany to Provide Ukraine with €1 Billion in Military Aid

    07.Oct.2026

    European Parliament Against Georgian Dream: EU Prepares New Response to Tbilisi

    06.Oct.2026

    Bulgarian Foreign Minister to Discuss European Security and International Law in the Netherlands

    05.Oct.2026

    Rheinmetall in Bulgaria: Sofia Emerges as a New NATO Defence-Industrial Hub in the Balkans

    05.Oct.2026

    The Cost of a Long War: Moscow Expands Spending Plans Through 2029

    05.Oct.2026

All news