Russia-Ukraine Conflict: US suspends oil and gas imports from Russia, Biden announces

webmultichannel:The US will no longer take oil and gas from Russia. That is what US President Joe Biden said on Tuesday. Not only oil and gas, but the United States will also no longer import any fuel from Russia. The United States has said no decision was made on the issue.

A number of countries, including the United States and the European Union, have imposed economic sanctions on Moscow. As a result, the rise in crude oil prices has shaken the international market. This is the announcement of America.

Russia is a major supplier of oil and natural gas to the international market. Especially European countries like Germany which depend on Moscow's gas supply. As a result, the supply of oil is naturally being pushed by the Russia-Ukraine war. Meanwhile, the price of crude oil per barrel is rising in the international market. The United States has said it will not take any fuel from Russia.

Note that the Russian army entered Ukraine on February 24. Since then the terrible fight has started. In addition to other financial sanctions aimed at educating Russian President Vladimir Putin, some Russian banks have been excluded from the "Swift" system of international financial transactions. European Union President Ursula von der Leyen said a decision had been made to exclude several Russian banks from Swift. As a result, those banks will no longer be able to operate in the whole world. Russia's imports and exports will be affected. This time the US took this step to push Moscow again.

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