HomeNewsWorldUS bans Russian oil imports over Ukraine invasion

US bans Russian oil imports over Ukraine invasion

Biden said Ukraine would "never be a victory" for Putin, as he announced the measures targeting the energy sector that props up the Russian economy and its war effort.

March 08, 2022 / 22:53 IST
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US President Joe Biden (Image: AFP)
US President Joe Biden (Image: AFP)

US President Joe Biden banned imports of Russian oil on Tuesday to punish Moscow for its invasion of Ukraine as desperate civilians fled besieged cities and fresh fighting raged.

Britain said it would also phase out Russian oil by the end of the year and the EU planned to slash gas imports by two-thirds, as Western sanctions finally began to target the economic lifeline for Russia's war.

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Russian President Vladimir Putin has pressed on despite unprecedented sanctions, although Moscow agreed set up "humanitarian corridors" from four Ukrainian cities on the 13th day of the conflict.

The number of refugees flooding across Ukraine's borders to escape towns devastated by shelling and air strikes passed two million, in Europe's fastest-growing refugee crisis since World War II, the UN said.