“We will not be part of subsidizing Putin’s war,” Biden said
The United States and Britain have banned the import of Russian oil, reports the BBC. US President Joe Biden has confirmed that Washington is imposing a total ban on oil, gas and coal imports from Russia.
He said that in this way “the American people will deal another powerful blow to Putin’s government.” “We will not be part of subsidizing Putin’s war,” Biden said.
Despite fears that oil and gas prices will soar, the sanction has received widespread political support in the United States.
For its part, the British government has announced that it will stop importing oil products from Russia until the end of 2022. During this transition period, the market, businesses and suppliers of raw materials will be able to replace Russian imports, which account for about 8 percent of the island’s consumption.
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