USA Bans Import of Oil and Natural Gas to Pressure Putin; Suggests Profiteering Seen; Crude Jumps: Biden (2)

European nations won’t be able to limit use of Russian energy to the same extent as the US, President Joe Biden said.

President Biden accuses energy industry of profiteering on the crisis.

He then goes on and boasts about how much the USA has boosted its oil output.

“Ukraine will never be a victory for Putin.”

Brent crude oil jumped above $133 / barrel

(Corrects some garble in headline; more to come)

Photo by Karolina Grabowska on

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