As Gas Prices, Continue to Rise, U.S. Bans All Russian Oil Imports.
On March 8, President Joe Biden announced that the United States would ban all Russian oil imports.
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The Associated Press reports that the decision tightens global restrictions on Russia's economy in response to its ongoing invasion of Ukraine.
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We will not be part of subsidizing Putin’s war, Joe Biden, President of the United States, via The Associated Press.
Biden said that the action comes as a significant blow to Russia's ability to fund its offensive in Ukraine.
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Biden said that the action comes as a significant blow to Russia's ability to fund its offensive in Ukraine.
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The president also acknowledged that the ban would also come at a cost to Americans, particularly in the form of rising gas prices.
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The president also acknowledged that the ban would also come at a cost to Americans, particularly in the form of rising gas prices.
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Defending freedom is going to cost, Joe Biden, President of the United States, via The Associated Press.
Putin’s war is already hurting American families at the gas pump.
I’m going to do everything I can to minimize Putin’s price hike here at home, Joe Biden, President of the United States, via The Associated Press.
Putin’s war is already hurting American families at the gas pump.
I’m going to do everything I can to minimize Putin’s price hike here at home, Joe Biden, President of the United States, via The Associated Press.
Biden went on to caution the U.S. energy industry against exploiting consumers with , “excessive price increases.”.
AP reports that the move is meant to make the invasion a strategic loss for Russia, regardless of whether or not they seize territory in Ukraine.
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AP reports that the move is meant to make the invasion a strategic loss for Russia, regardless of whether or not they seize territory in Ukraine.
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Ukraine will never be a victory for Putin, Joe Biden, President of the United States, via The Associated Press.
According to the U.S. Energy Information Administration, the U.S. imported approximately 245 million barrels of Russian oil in 2021.
