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March 8, 2022executiveRussia sanctionsenergy policyUkraine waroil importsexecutivediplomatic

Biden announces ban on US imports of Russian oil and gas We will not subsidize Putin war

President Biden announces that the United States will ban all imports of Russian oil, natural gas, and energy, becoming the first major Western nation to do so in response to Russia's invasion of Ukraine. The ban takes effect immediately. Biden acknowledges it will cause pain at the gas pump for Americans, with gas prices already surging past $4 per gallon nationally. He calls on Congress to act on energy policy. European allies do not immediately follow, noting their greater energy dependence on Russia. The announcement comes two weeks after Russia's February 24 invasion.