Biden expected to ban Russian energy imports today
From CNN's Kaitlan Collins, Jeremy Diamond, Kevin Liptak and Phil Mattingly
US President Joe Biden is expected to today ban Russian oil, natural gas and coal imports to the US, according to three sources familiar with the decision.
The US will make the move unilaterally, without its European allies, due to disagreement among European nations about whether to ban Russian energy. EU countries have significantly more exposure to Russian energy than the US.
US officials decided, given the extreme political pressure at home, they could move without the coalition and not create major issues.
Biden is expected to address the news at 10:45 a.m. ET.
US imports from Russia make up a small slice of the energy universe — roughly 8% in 2021, of which only about 3% was crude oil. White House economic officials have been engaged for more than a week in how to manage any decision to cut off those imports, according to officials.
https://www.cnn.com/europe/live-news...760f9380015787
Going it alone wout Europe.
Gas was $3.30 gallon in January .. now its $4.17 and about to get a lot higher during the spring summer driving season.
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Is anyone against allowing Venezuela to sell their oil on the global market to ease things? Maduro is a dictator and huge Russia ally but Im all for easing things, Maduro has expressed interest and in some trickle down way that would have to help the people of Venezuela.
Rather get oil from a weak dictator to hurt a strong dictator currently invading a sovereign country.
Perhaps weaken a Russian alliance.