AP Source: Biden to ban Russian oil imports over Ukraine war


PTI, Mar 8, 2022, 7:23 PM IST

Representative Image (Source: ANI)

Washington DC: The White House is expected to impose a ban on U.S. imports of oil from Russia as punishment for the invasion of Ukraine, Democratic U.S. Senator Chris Coons said on Tuesday. In an interview with CNN, Coons said the announcement of the ban could come on Tuesday or Wednesday. A source familiar with the plans told Reuters the announcement could come as soon as Tuesday.

Russia is the world Russia is the world’s biggest exporter of oil and natural gas. It has been subjected to global financial sanctions over the war in Ukraine, but until now its energy exports were exempted. Russia opened a humanitarian corridor on Tuesday letting Ukrainians flee the eastern city of Sumy, but Kyiv accused Moscow of shelling a similar route intended to allow residents to escape the besieged southern port of Mariupol.

“Ceasefire violated! Russian forces are now shelling the humanitarian corridor from Zaporizhzhia to Mariupol,” Ukraine’s foreign ministry spokesperson Oleg Nikolenko wrote on Twitter. “8 trucks + 30 buses ready to deliver humanitarian aid to Mariupol and to evac civilians to Zaporizhzhia. Pressure on Russia MUST step up to make it uphold its commitments.”

The United Nations said the number of refugees who have fled Ukraine had surged past 2 million, describing the flight as one of the fastest exoduses in modern times. The economic impact of a conflict involving the world’s top oil and gas exporter and two of its biggest grain and metals producers was also intensifying on Tuesday, fuelling concerns it could derail global recovery from the coronavirus pandemic.

U.S. gasoline pump prices hit a record high, London trade in industrial metal nickel had to be suspended after prices more than doubled in a matter of hours, and Britain’s Shell said it was halting all purchases of Russian oil, apologising for buying a shipment last week.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Albanese elected Australia’s leader in complex poll result

Umran Malik selected for T20Is vs SA; Hardik in shortest format, Pujara in Test earn recalls

Bengaluru: Man sentenced to 7 years in jail for abetment to suicide

Shivakumar rejects differences with Siddaramaiah, says together recommended MLC candidates

Taliban enforcing face-cover order for female TV anchors

Amid Gyanvapi controversy, Hindus claim temple in Srirangapatna was converted into Jamia Masjid

K’taka CM announces Rs 5 lakh each to family of 9 killed in Dharwad accident


Related Articles More

Albanese elected Australia’s leader in complex poll result

Taliban enforcing face-cover order for female TV anchors

3 US Air Force cadets who refused vaccine won’t be commissioned

Biden says monkeypox cases something to ‘be concerned about’

Crisis-hit Sri Lanka lifts state of emergency as law and order situation improves

MUST WATCH

High tech Bust stand Inaguration at Shirva

NEWS BULLETIN 21-05-2022

We will have 2 options

Chikkamagaluru DC statement Namaz at Dattapeeta video goes viral

Kalasa Crime : CCTV Footage found


Latest Additions

Ajay Devgn-like car stunt lands Noida man in jail

Albanese elected Australia’s leader in complex poll result

‘Half Ticket’: Musical comedy paying homage to Kishore Kumar to stage in capital on May 28

Umran Malik selected for T20Is vs SA; Hardik in shortest format, Pujara in Test earn recalls

Bollywood casting director brings Just Act workshop to London

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.