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
Government aims at 30% ethanol blending with petrol by 2030
Rio Tinto and AMG Metals & Materials to assess low-carbon aluminium project in India
Gasum selects Wärtsilä for another bioLNG project in Sweden
V. secures full management contract with International Seaways
Italian container terminal to cut operational emissions with electric Konecranes
MOL and Tokyo Gas to Install World’s Second Wind Challenger to New LNG Vessel
Azane Unveils New Subsidiary to Drive Ammonia Bunkering Development Oslo, Norway
IKEA Drives a Green Revolution in Indian Logistics with Electric Freight Truck