Washington, London | US President Joe Biden has banned Russian oil, gas and coal imports as his administration steps up sanctions, with Britain following suit on oil and the European Union vowing to slash its reliance on Russian gas.
“We are banning all imports of Russian oil and gas and energy,” Mr Biden said, “That means Russian oil will no longer be acceptable to US ports. It will deal another powerful blow to Putin’s war machine.
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Matthew Cranston was The Australian Financial Review’s United States correspondent.
Hans van Leeuwen is international economy editor for The Telegraph UK. He was previously The Australian Financial Review’s Europe correspondent.