US slaps ban on oil, gas imports from Russia


New Delhi, Mar 9 (IANS): The US on Tuesday banned all oil and gas imports from Russia, President Joe Biden said in a Twitter post.

"Today, I'm announcing that the United States is targeting a main artery of Russia's economy. We are banning all imports of Russian oil and gas," he tweeted.

The move to ban imports from Russia is seen as a support to war-torn Ukraine.

In another tweet, Biden said that Americans have rallied to support the people of Ukraine and made it clear that the country will not be part of subsidising Russian President Vladimir Putin's war.

"This decision today is not without costs here at home. Putin's war is already hurting American families at the pump -- and this will drive up costs further. So, I will take every step we can to minimise Putin's price hike here at home," Biden said.

Separately, the US has already announced a collective release of 60 million barrels of oil from the strategic petroleum reserves of the US and its partners. Half of the strategic reserves will come from the US.

"We're taking steps to ensure a reliable supply of global energy. And we're going to keep working with every tool at our disposal to protect American families and businesses," Biden said.

 

  

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Comment on this article

  • Daniel, Mangalore

    Wed, Mar 09 2022

    All oil mafia wars after BigPharma vaccine mafia. This will only aid putin and ruin further economy of nations and elite control of the humanity.

    DisAgree Agree Reply Report Abuse

  • s shetty, Tulunaad Official

    Wed, Mar 09 2022

    go Electric!

    DisAgree [3] Agree [3] Reply Report Abuse

  • Moshu, Mangaluru

    Wed, Mar 09 2022

    How many among were dare to slap santions against habitual war criminals like USA and Israel when they violated rule of UNSC, invaded, pounded heavy bombs, killed innocent children, women and destroyed the infrastructures of their weak opponants.

    DisAgree [13] Agree [11] Reply Report Abuse

  • Avadhootha, Iha

    Wed, Mar 09 2022

    Expect a hike in petrol rates which might go up to Rs.150.00 per liter. We can't predict anyways, the government of the day is great in setting records, so petrol can touch 200.00 too!

    DisAgree [3] Agree [15] Reply Report Abuse


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