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

  • 3/8/2022
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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.

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