Explained: What the US ban on Russian oil means for the world

On Tuesday, US President Joe Biden announced a ban on Russian oil and other energy imports in a bid to counter-attack Russia which has launched a hard war in Ukraine.

“Russia may continue to grind out its advance at a horrible price, but this much is already clear: Ukraine will never be a victory for Putin. Putin may be able to take a city, but he’ll never be able to hold the country,” Biden told reporters at the White House.

On the ground in Ukraine, the Kyiv government accused Russian forces of shelling a humanitarian corridor that Moscow had promised to open to let residents flee the besieged port of Mariupol.

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