Oil Prices Jump As Biden Announces Full Ban On Russian Energy Imports

The United States announced a ban on imports of Russian energy products on Tuesday, without the participation of the allies in Europe. The ban includes not only Russian oil, but also coal and liquefied natural gas (LNG), Bloomberg’s sources said, speaking on the condition of anonymity. “Today, I’m announcing the United States is targeting the main artery of Russia’s economy. We’re banning all imports of Russian oil and gas and energy. That means Russian oil will no longer be acceptable at U.S. ports and the American…