Joe Biden orders embargo on US imports of Russian oil and gas

Joe Biden orders embargo on US imports of Russian oil and gas

President Joe Biden announced Tuesday an embargo on US imports of Russian oil and gas, to increase the sanctions imposed on Russia and “deal another heavy blow” to President Vladimir Putin.

This decision was made “in close coordination” with US allies, he said. “We will not help subsidize Putin’s war.”

For now, Europe refuses to decree an embargo on these Russian importswhich cover 40% of their needs for natural gas and 30% for oil.

The United States is a net exporter of energy, that is, it produces more oil and gas than it consumes, Joe Biden recalled.

“We can make this decision, while others cannot,” he explained. “But we are working closely with Europe and our partners to put in place a long-term strategy to reduce their dependence on Russian energy.”

“We remain united in our intention to maintain increasing pressure on Putin and its war machine,” added the US head of state.

Russian oil represents only 8% of US imports and 4% of consumption of petroleum products in the United States, which does not import Russian gas.

Biden further stated that Russia will never be able to control all of Ukraine.

“Russia can continue to advance at a horrible price, but this much is already clear: Ukraine will never be a victory for Putin,” he said.

And he insisted: “Putin may be able to take a city, but he will never be able to control the country.” (I)

Source: Eluniverso

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