Gasoline prices hit record as Biden announces US ban on Russian oil imports

Agencies
igh gas prices are displayed at a Mobil station across the street from the Beverly Center on March 7, 2022 in Los Angeles, California (AFP)
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RIYADH: The average price of gasoline in the U.S. hit a record $4.17 per gallon on Tuesday as the country banned Russian oil imports after its invasion of Ukraine.

U.S. President Joe Biden on Tuesday announced a US ban on Russian oil and other energy imports, ramping up a pressure campaign on Moscow in retaliation for the invasion of Ukraine.

The US House of Representatives Majority Leader Steny Hoyer said that a House vote on a bill banning imports of Russian oil and other energy sources could come as soon as Tuesday.

Topics: energy Oil