US President Joe Biden has said that his country is banning gas, oil and energy imported from Russia . Biden said that imposing sanctions on the import of Russian oil, gas and coal into the US will pay a price in the country. But all the MPs have shown solidarity to take action in this direction. The war between Russia and Ukraine has been going on for the last 13 days. So far a large number of people have lost their lives in this war. More than two million people have left the country from Ukraine because of the war. Many countries have imposed sanctions on Russia for starting the war.555
President Biden said from the White House, 'Here in America too, the price will have to be paid. I've been with the American people from the very beginning, and when I first spoke about it, I said defending liberty can be costly. We have to pay the price for this in America too. Republicans and Democrats alike understand this. Republicans and Democrats alike are clear that we must do this. He also said that the US has provided security assistance of more than one billion dollars to Ukraine (US-Ukraine). This includes many types of modern weapons.
Providing humanitarian aid to the people of Ukraine
President Biden said, 'Shipments of defensive weapons are arriving in Ukraine from America every day. We are coordinating the distribution of arms with our allies and equal partners. we are working on it. We are also providing humanitarian aid to the people of Ukraine. The US President acknowledged that American families are being harmed by Russia's attack on Ukraine. This also includes rising gas prices. He acknowledged that his decision to impose sanctions on Russian oil imports would cost every household. However, he said that he would work to reduce its impact on the people.
This is not the time to make profits: Biden
Biden also addressed American oil and gas companies, saying that this is not the time for extreme price hikes by making excuses for war and its effects. These policies exploit American consumers. He said that he would not tolerate this happening at all. Biden said, 'We are all paying the price for Russia's aggression. This is not the time to make profit. I want to make it very clear that we will not tolerate doing this at all. Biden also praised companies that have imposed different types of sanctions on Russia.