Britain will give up Russian oil imports by the end of the year, British Business Minister Quasi-Quarteng said on Tuesday.
US President Joe Biden announced on Tuesday that the United States was banning Russian oil imports in response to Russia’s aggressive war against Ukraine.
“We ban all Russian oil and gas as well [citu] energy imports. This means that Russian oil will no longer be accepted in US ports, and the American people will deal another strong blow. [Krievijas prezidentam Vladimiram] Putin said in a speech from the White House, adding that the decision was made in consultation with the Allies.
Britain will give up Russian oil imports by the end of the year, British Business Minister Quasi-Quarteng said on Tuesday.
This transition will give the market, companies and supply chains enough time to replace Russian oil imports, which account for 8% of British demand, the minister said.
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