President Joe Biden announced today that the US will ban imports of Russian oil, natural gas, and coal. The UK will follow suit, according to a Politico report, phasing out Russian oil and gas purchases over the next several months.
The coordinated moves will add further pressure to Putin’s regime after he ordered the invasion of Ukraine. Russian crude oil and related products made up about 8 percent of US imports last year, while the UK imports about a third of its oil and 5 percent of its gas from the country.
“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,” Biden said today. “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.”
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