the president of United States, Joe Bidenordered this Tuesday, March 8, the embargo on US imports of oil and gas due to the war in Ukraine by Russia.
“Russian oil will not be accepted at US ports,” Biden said at a press conference from the White House and also replied on his Twitter account.
The president specified that the requisition of the Petroleum and gas in Russian was decided “in close coordination” with the allies of United States. He also commented that European countries, much more dependent on Russian hydrocarbons, “are reluctant to adopt the same measure.”
Across the Atlantic, along the same lines as the US, the UK also reported that it will stop importing Russian oil and oil derivatives by the end of 2022, according to statements by the Minister for Business and Energy.
“This transition will give the market, businesses and supply chains more than enough time to substitute Russian imports, which account for 8% of UK demand,” Minister Kwasi Kwarteng tweeted.
European Union prepares measures to apply price hikes
Europe will seek to emancipate itself from Russian hydrocarbons in 2030, according to a proposal presented this Tuesday, March 8, by the European Commission (EC), to help EU countries cushion the vertiginous rise in energy prices after the Russian invasion of Ukraine.
“We must defend European interests and increase our resilience. It is clear that we are too dependent on Russia for our energy needs”, Frans Timmermans, Vice President of the European Commission, responsible for the Green Deal, declared at a press conference.
Source: Larepublica
Kingston is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
