US President Joe Biden announced a ban on US imports of Russian oil on Tuesday, in the administration’s most far-reaching action yet to punish Moscow for invading Ukraine.
“We’re banning all imports of Russian oil and gas and energy. That means Russian oil will no longer be acceptable at US ports and the American people will deal another powerful blow to (President Vladimir) Putin,” Biden said in an address from the White House, adding that the decision was taken “in close consultation” with allies.
The ban came with Democrats threatening legislation to force Biden’s hand, despite the likely impact on already soaring gas prices.
Source: NDTV
Recent Posts
TSUNEISHI Launches World’s First Methanol Dual-Fuel KAMSARMAX Bulk Carrier in the Philippines
Grimaldi Group Launches Ammonia-Ready Car Carrier Grande Shanghai in China
Incat Tasmania to Build Two Battery-Electric Ferries for Denmark’s Molslinjen
YamnaCo Signs MoU with Andhra Pradesh to Develop Large-Scale Green Hydrogen and Ammonia Project
WNTI and NEMO Sign MoU to Advance Nuclear-Powered Shipping and Mobile Nuclear Energy Solutions
TotalEnergies and CMA CGM Form Joint Venture for LNG Bunkering Operations in Rotterdam
Keel laid for Bibby Marine’s first zero-emission eCSOV
New Report Highlights Potential of Voluntary Insetting to Support Maritime Decarbonisation, Calls for Robust Safeguards