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

Update Gasoline prices hit record as Biden announces US ban on Russian oil imports
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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Updated 08 March 2022
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Gasoline prices hit record as Biden announces US ban on Russian oil imports

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

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.