Biden Reportedly Set To Ban Russian Oil Imports Over Ukraine War

Biden Reportedly Set To Ban Russian Oil Imports Over Ukraine War

WASHINGTON (AP) — President Joe Biden has decided to ban Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, according to a person familiar with the matter.

The move 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. Energy exports have kept a steady influx of cash flowing to Russia despite otherwise severe restrictions on its financial sector.

Biden was set to announce the…

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Biden Reportedly Set To Ban Russian Oil Imports Over Ukraine War

 

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