Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

US strikes harder at Putin, banning all Russian oil imports

Americans will feel pain at the gas pump, President Joe Biden acknowledged

 

Marcio Jose Sanchez, Associated Press

Gas prices are advertised at over five dollars a gallon, Feb. 28, 2022, in Los Angeles. Gasoline prices are rising again as talk grows about the United States banning imports of oil from Russia to punish the country for invading Ukraine. The national average price, Monday, March 7, 2022, jumped above $4.06 a gallon. Auto club AAA says that's the highest price that American motorists have faced since July 2008.

WASHINGTON - Striking harder at Russia's economy, President Joe Biden on Tuesday ordered a ban on Russian oil imports in retaliation for Vladimir Putin's onslaught in Ukraine. The major trade action, responding to the pleas of Ukraine's embattled leader, thrust the U.S. out front as Western nations seek to halt Putin's invasion.

Americans will feel pain, too - at the gas pump - Biden acknowledged, declaring, "Defending freedom is going to cost."

The imports have been a glaring omission in the massive sanctions put in place on Russia over the invasion. Energy exports have kept a steady stream of cash flowing to Russia despite otherwise severe restrictions on its financial sector.

https://www.startribune.com/us-strikes-harder-at-putin-banning-all-russian-oil-imports/600153995/

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021

Rendered 09/27/2022 23:44