Another blow to Russia’s economy! US bans oil imports from Moscow – sources

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Ban oil imports fron russia

Washington: In response to Russia’s attack on Ukraine (Ukraine-Russia War), America is taking tough decisions one after the other to tighten the noose on Russia’s economy. In another big blow to Putin, President Joe Biden has decided to ban the import of oil from Russia, sources have given this information.

In the wake of Russia’s attack, Ukraine’s President Volodymyr Zelensky has repeatedly requested the US and Western countries to cut imports from Russia, after which the US is preparing to take this step.

Despite the stringent sanctions on Russia’s financial sectors, the flow of cash to Russia through energy exports continues, so America is going to take a decision to ban oil imported from Russia.

‘Russia dropped the bombs, Western countries are responsible for the deaths’, President Zelensky said – these countries failed to save Ukraine

Ban oil imports fron russia

Sources said Biden can announce a ban on imports of Russian oil on Tuesday itself. Explain that European countries are largely dependent on Russia for energy supply. Europe gets about a third of its natural gas consumption from Russia.

On the other hand, energy sector giant Shell Tuesday announced to stop buying crude oil and natural gas from Russia. In a statement, Shell said it would phase out all hydrocarbons, crude oil, petroleum products, and natural gas purchases from Russia.

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