President Biden bans Russian oil imports over Ukraine war

The move follows pleas by Ukrainian President Volodmyr Zelenskyy to U.S. and Western officials to cut off the imports, which had been a glaring omission the massive sanctions put in place on Russia over the invasion.

What does a US ban on Russian oil accomplish?

Amid rising gasoline prices in the U.S. — the average price has topped $4 a gallon for the first time since 2008 — the Biden administration has faced growing pressure to impose further sanctions on Russia, including a ban on oil imports.

Shell says it will stop buying Russian oil, natural gas

The decision comes just days after Ukraine’s foreign minister criticized Shell for continuing to buy Russian oil, lashing out at the company for continuing to do business with President Vladimir Putin’s government.