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Biden gas speech LIVE today

JOE Biden will announce a ban on Russian oil imports in a speech today.

President Biden has decided to increase tariffs on the Russian economy in retaliation for his invasion of Ukraine, according to the Associated Press.

The move follows requests by Ukrainian President Volodymyr Zelenskyy for US and Western officials to halt imports.

Energy exports have ensured a steady flow of money into Russia despite otherwise severe financial sector restrictions.

According to Rystad Energy, the US imports about 100,000 barrels a day from Russia, only about 5 percent of Russia’s crude oil exports. Last year, about 8 percent of US imports of oil and petroleum products came from Russia.

Read our live blog on Joe Biden’s speech for the latest news and updates…

  • A “Different Prism”

    “We will continue to consult with the Europeans, share our plans where our discussions are taking place here internally,” spokeswoman Jen Psaki said on Monday before the speech.

    “But I would look at it through a different prism than previous coordinated efforts.”

  • Both sides of the aisle

    Accordingly, both Democrats and Republicans in Congress pushed for the ban NPR.

    “According to Reuters, 80% of Americans support a ban on Russian oil imports as suggested by @Sen_JoeManchin and I,” Senator Murkowski tweeted March 6.

    “It’s that simple: the vast majority of Americans don’t want their dollars to fund Russia’s horrific war against Ukraine. If @POTUS doesn’t act, Congress will act.”

  • No “strategic interest”

    Earlier this week, White House Press Secretary Jen Psaki told reporters, “We have no strategic interest in reducing global energy supplies.”

    That interest has seemingly changed for the Biden administration, and President Biden is expected to announce a ban on Russian oil imports in a speech Tuesday.

  • Outlet in Ukraine reports ban

    On Twitter, the Kyiv Independent announced the upcoming ban on Russian oil imports by the United States

    The Kyiv Independent is an English-language journalism company based in Ukraine.

  • lay the foundation

    Sen. Chris Coons said the Biden administration is coordinating with European allies “and making sure we have the fundamentals in place to understand how a ban on Russian energy can be implemented effectively.” Reuters reported.

  • What will Biden talk about?

    President Biden will discuss a ban on Russian oil imports after the invasion of Ukraine.

    He is expected to speak at 10.45am on Tuesday.

  • Pain relief at the pump

    President Biden previously declared his caution about imposing energy sanctions along with other sanctions when the conflict began in earnest two weeks ago.

    He said he’s trying to “limit the pain that the American people feel at the pump.” Associated Press reported.

  • United States acts alone

    The United States will act alone on this matter, the Associated Press.

    But the US will work closely with European allies who are more dependent on Russian energy supplies, the newspaper noted.

  • When will President Biden speak?

    President Biden is scheduled to announce the ban on Tuesday.

    His public schedule notes that he is expected to speak at 10.45 am.

  • Thousands of barrels

    According to Rystad Energy, the United States imports about 100,000 barrels a day from Russia, only about 5 percent of Russia’s crude oil exports.

    Energy exports have kept a steady flow of money into Russia, despite otherwise severe restrictions on the financial sector in response to the country’s invasion of Ukraine.

  • President Zelenskyj requested a ban

    President Volodymyr Zelenskyy urged US and Western officials to ban Russian oil imports Associated Press reported.

  • Additional Penalties

    President Joe Biden has decided to ban Russian oil imports.

    The move was in retaliation for the invasion of Ukraine Associated Press.

https://www.thesun.co.uk/news/17883232/biden-gas-speech-today-russia-oil-ban-putin/ Biden gas speech LIVE today

Bobby Allyn

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