US President Joe Biden explains the new sanctions to be applied to Russia.
Biden announced that the US has banned oil imports from Russia. Any company in the country will not be able to import oil and gas from Russia.
Biden said
“Gas and energy will be covered by the ban.
We made such a decision after discussions with our alliances.
Our allies in Europe may disagree with us on this issue
We are determined to put pressure on Putin.
We act in cooperation with Europe and our partners on Russian energy.
This will be costly for us.
Democrats and Republicans alike agree that this is something that needs to be done.
The Russian economy is cratering
We are taking steps to ensure reliable global energy supply
I will call on Congress to pass the $12 billion Ukraine package”
Details coming…
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