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U.S. President Joe Biden announces actions to continue to hold Russia accountable for its invasion of Ukraine. Sources familiar with the matter told Reuters that Biden was expected to announce a ban on Russian oil. Brent crude prices extended a rally Tuesday morning, surging past $130 per as investors remained on edge.
Although the U.S. is not a leading buyer of Russian oil, its allies are likely to come under pressure to wean their economies off Russian energy.
#Reuters #Live #News #WhiteHouse #Russia #oil #energy #Ukraine #USA #politics #Biden
Although the U.S. is not a leading buyer of Russian oil, its allies are likely to come under pressure to wean their economies off Russian energy.
#Reuters #Live #News #WhiteHouse #Russia #oil #energy #Ukraine #USA #politics #Biden
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