Nearly two weeks into a grinding war that has denied Russia the quick victory it anticipated, the first enduring humanitarian corridor took hold in Ukraine on Tuesday as refugees across the country scrambled to flee, and President Biden raised the economic stakes for Moscow by banning the importation of Russian oil and natural gas into the United States.
Mr. Biden announced the latest sanctions against Russia on Tuesday morning, an escalation of economic penalties that could also have consequences at home and internationally.
The move shuts off the flow of Russian fuel into the United States and could raise gas prices, which have hit a national average of $4.17 per gallon, and further rattle global energy markets. In a coordinated move, Britain announced that it would phase out imports of Russian oil by the end of the year. The United States receives less than 10 percent of its energy resources from Russia.
In a speech streamed to a packed meeting of the British Parliament on Tuesday, President Volodymyr Zelensky of Ukraine underlined his country’s challenges, making a comparison to Britain’s situation in World War II. “We do not want to lose what we have, what is ours, just in the same way as you didn’t want to lose your country,” he said. “The question for us is to be or not to be,” he added, invoking Shakespeare’s “Hamlet.” The answer, he said, is “yes, to be.”
Here are the latest developments: » | Dan Bilefsky | Tuesday, March 8, 2022
Wie die USA ohne Öl aus Russland zurechtkommen wollen: Joe Biden wagt des Balanceakt. Amerikas Präsident stoppt Öllieferungen aus Russland – und versucht die Benzinpreise niedrig zu halten. »
McDonald’s, Starbucks, Coca-Cola and Pepsi suspend Russian operations: ‘Our values mean we cannot ignore the needless human suffering unfolding in Ukraine,’ says burger chain’s chief executive »
