Putin’s war hurting American families at gas pump, will do everything to contain price hike: Joe Biden

Russia’s war against Ukraine has hurt American families with gas prices shooting up and it is going to rise further, US President Joe Biden said after announcing a ban on the import of Russian oil and gas.

Biden, however, promised of doing everything he can to minimize “(Russian President Vladimir) Putin’s price hike here at home”.

By an executive order signed on Tuesday, Biden banned the import of Russian crude oil and certain petroleum products, liquefied natural gas, and coal.

This step is aimed at depriving Russia of billions of dollars in revenues from US drivers and consumers annually. Last year, the US imported nearly 7,00,000 barrels of crude oil and refined petroleum products from Russia daily.