Biden announces ban on Russian oil and gas imports - Business News, Finance News, Share Market News - Market trendz

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Wednesday, 9 March 2022

Biden announces ban on Russian oil and gas imports

The move follows pleas by Ukrainian President Volodmyr Zelenskyy to U.S. and Western officials to cut off the imports, which had been a glaring omission the massive sanctions put in place on Russia over the invasion. Energy exports have kept a steady influx of cash flowing to Russia despite otherwise severe restrictions on its financial sector.

from Commodities-Markets-Economic Times
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