USA AND UK Set to ban Russian oil

Written by on March 9, 2022

United States President, Joe Biden, says that his country and the United Kingdom will ban Russian oil and that the European Union is ending its reliance on Russian gas.

Mr. Biden, who disclosed this to newsmen, said the move targeted the main source of Russia’s economy.

According to him, this was in furtherance of the Western countries economic response to the invasion of Ukraine by Russia.

Report says that energy exports are an important source of revenue for Russia but that the move is also likely to affect Western consumers.

Kevin Madu 

 


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