Biden Announces Ban on Russian Oil

Biden Announces Ban on Russian Oil
President Joe Biden speaks in the Roosevelt Room of the White House on March 8, 2022. Win McNamee/Getty Images
Nick Ciolino
Updated:
President Joe Biden announced a ban on all Russian oil imports Tuesday in the latest move from the United States to isolate Russia’s economy in response to its invasion of Ukraine.
This latest measure comes in addition to sanctions already placed on Russian financial systems and individuals in Russian President Vladimir Putin’s inner circle.