U.S. Bans Russian Oil Imports
By Jason Hall
March 8, 2022
The United States has banned all imports of Russian oil in an effort to increase pressure on the Russian economy amid the ongoing invasion of Ukraine and will likely have an affect on the already rising gas prices nationwide.
President Joe Biden officially announced decision amid initial reports Tuesday (March 8) morning.
"Today I am announcing the United States is targeting the main artery of Russia's economy. We're banning all imports of Russian oil and gas and energy," President Biden said at White House on Tuesday via CNN. "That means Russian oil will no longer be acceptable at US ports and the American people will deal another powerful blow to Putin's war machine."
A total of 2 million people have reportedly evacuated Ukraine amid Russia's ongoing invasion of the neighboring country as both sides agreed to a cease-fire to allow more civilians to escape, NBC News reports.
Russian President Vladimir Putin announced his country would conduct military operations in Eastern Ukraine during an NBC News translation of a speech addressing the Russian population prior to sunrise on February 24 in Moscow.
The announcement served as the final action ahead of an attack by Putin and the Russian military, which the U.S. and European allies to the neighboring Ukraine have attempted to prevent from taking place through diplomatic discussions.
A Ukraine interior minister confirmed to NBC News via text message that "cruise and ballistic missile strikes" were already underway shortly after Putin's announcement.
More than 1,000 protesters were reportedly arrested during anti-war protests throughout Russia amid President Putin's announcement to conduct military operations and ensuing attack on Ukraine, BNO News reported.