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
Ammonia
Aegis Tristar acquisition to expand Indian group’s global energy logistics reach
Power & Propulsion
Everllence and MITSUI E&S Mark 100 Years of Two-Stroke Engine Partnership
Ammonia
NTPC Targets Japan, South Korea and Germany for Green Ammonia Exports from Andhra Pradesh Hub