President Biden Announces Ban on Russian Oil

On Tuesday, while announcing that he would ban oil exports from Russia, President Biden insisted, “It’s simply not true that my administration or policies are holding back domestic energy production. That’s simply not true.”
Later, he blamed the rise in Americans’ gas prices on Russia’s invasion of Ukraine, saying: “The decision today is not without cost here at home. Putin’s war is already hurting American families at the gas pump. Since Putin began his military buildup on Ukrainian borders, just since then, the price at the gas pump in America went up 75 cents and with this action, it’s going to go up further.”