President Joe Biden announced on March 8 that the United States is banning Russian oil imports, stopping about 500,000 barrels per day of new crude shipments from entering American seaports.
“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 told reporters at the White House. “That means Russian oil will no longer be acceptable at U.S. ports, and the American people will deal another powerful blow to Putin’s war machine.
