
U.S. President Joe Biden announces ban on Russian oil
BNN Bloomberg
U.S. President Joe Biden has announced a ban on U.S. imports of Russian energy.
Breaking news update: U.S. President Joe Biden has announced a ban on U.S. imports of Russian energy.
Earlier story follows...
The U.S. and the U.K. will impose a ban on imports of Russian energy Tuesday without the participation of European allies, according to people familiar with the matter.
The U.S. ban will include Russian oil, liquefied natural gas and coal, according to two people, who spoke on condition of anonymity. The decision was made in consultation with European allies, who rely more heavily than the U.S. on Russian energy, another person said.
The U.K. move will be done in concert with the U.S. and the ban will be phased in over the coming months, according to the person, who requested anonymity speaking about policy that hasn’t yet been announced. The ban won’t apply to Russian gas, the person said.
The White House announced Tuesday that President Joe Biden “will announce actions to continue to hold Russia accountable for its unprovoked and unjustified war on Ukraine,” though didn’t specify the measures. He’s due to speak this morning in Washington.













