Biden bans imports of Russian oil, gas and energy
In a speech to the White House on Tuesday, local time as global tensions with Russia escalated following the war in Ukraine, US President Joe Biden added strong support for bipartisan Congress (both Democratic and Republican) as well as Enjoyed in America. We will not finance the war of Russian President Vladimir Putin.
“Our main focus has been on a united response to Putin’s actions and an alliance between all members of NATO and the European Union,” he said. We produce more oil and gas than any other European country.
“We are working with Europe to find a long-term solution to reduce their dependence on Russian energy,” Biden said. We are united in maintaining and increasing pressure on Putin. This is to increase Putin’s difficulties.
Defending freedom will also cost Americans, the president said. Republicans and Democrats understand this.
Referring to his conversation with Ukrainian President Volodymyr Zelinsky, Biden said that Washington has so far provided more than $ 1 billion in security aid to Ukraine, and that US defense cargo enters Ukraine every day, and that humanitarian aid continues.
He also referred to the visit of his Secretary of State Anthony Blinken to Europe (Poland, Maldives) and General Mark Millie, Chief of the Joint Chiefs of Staff to Europe, and the upcoming visit of Vice President Kamala Harris to Poland and meetings with US allies. These meetings were held to reassure them of the US commitment to Ukrainian territory.
“We talked yesterday with our counterparts in France, Germany and Britain about the escalating violence in Russia in Ukraine and our actions to respond to this aggression,” Biden said. “We are implementing the most important package of sanctions in history, and these sanctions. They cause significant damage to the Russian economy.
The US president continued that since the beginning of the Putin war, the Russian ruble has now lost 50% of its value. One ruble is worth less than a US penny, and the Central Bank of Russia can no longer maintain the value of the ruble and increase its value. We cut off the largest Russian banks from the world financial network and paralyzed their ability to trade. We have also blocked Russia’s ability to access technology such as electronics.
He said that all major economies are leaving Russia, large financial and commercial companies are leaving Russia. The US Department of Justice has created a special task force to investigate the crimes of Russian billionaires. We are seizing their assets in cooperation with our European allies.
Biden added that a ban on oil imports from Russia would also hurt the Americans and increase the price of gasoline at gas stations. Gasoline prices at US gas stations have risen 75 cents since the deployment of Russian troops on Ukraine’s borders and the start of Putin’s war against the country.
Addressing US oil companies, the president said that although Putin’s war in Ukraine had pushed up prices, the war was not a justification for a sharp rise in prices or profiteering. We will not tolerate this.
Biden praised the resistance of the Ukrainian people, saying Putin had already forced two million Ukrainians to emigrate. Ukraine will never be a victory for Putin, he may control one city but he will not control all of Ukraine.
Earlier, CNN quoted three senior US officials as saying that President Joe Biden was expected to suspend imports of oil, natural gas and coal from Russia today.
The United States will do so alone, without its European allies, due to disagreements with European countries over a ban on energy imports from Russia, CNN reported on Tuesday local time. European countries are more dependent on Russian-produced energy than the United States.
Officials at the White House have been considering how to manage any decision to cut off energy imports from Russia over the past week, according to US officials.
Biden government officials traveled to Venezuela this week to discuss the country’s oil sales to the world market.
CNN also reported that Biden would also likely travel to Saudi Arabia to persuade the Saudis to increase their oil production. On the other hand, a possible nuclear deal with Iran could return a significant amount of oil to the world market.
US House Speaker Nancy Pelosi has announced that she will pass a bill banning oil imports from Russia.
The speaker of the US House of Representatives announced on Tuesday, local time, that the US House of Representatives will pass a bill banning the import of oil from Russia, and the bill is expected to include other items, according to US media, quoting a Democratic official.
According to IRNA, Russian President Vladimir Putin on Monday (February 21st) criticized the West for not paying attention to Moscow’s security concerns and announced that his country recognizes the independence of the Donetsk and Lugansk People’s Republics and signs cooperation and friendship agreements with its leaders in the Kremlin. The Republicans signed.
In a speech on Russian national television on the morning of Thursday (February 24th), Putin announced military action in Donbas and called on Ukrainian forces to lay down their weapons and go home.
As the war in Ukraine continues, the flood of global reactions to the event continues, with diplomatic pressure and international threats and sanctions against Russia increasing.