September 29, 2022

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Analysts say the U.S. and UK could send $ 150 a barrel if they ignored Russian oil

Analysts say the U.S. and UK could send $ 150 a barrel if they ignored Russian oil

  • Thai Curranza – cartcarran
  • BBC News in S பாo Paulo from Brazil

debt, Getty Images

Photo caption,

Joe Biden announced a ban on oil, gas and coal imports from Russia. The UK should follow suit

US President Joe Biden on Tuesday (3/8) banned Russia’s oil, gas and coal imports.

“We are not going to help finance Putin’s war,” Biden said in a statement.

According to Britain’s Commerce Secretary Kwazi Quarteng, Britain is expected to gradually reduce its oil imports by the end of 2022 and engage with the United States in boycotting.

The European Union (EU) has announced a long-term plan to reduce Russia’s dependence on fossil fuels, with the goal of achieving full independence by 2030.