9 Mar 2022

US bans all imports of Russian oil

From Morning Report, 7:23 am on 9 March 2022

US President Joe Biden has announced he's banning all imports of Russian oil as countries worldwide continue to tighten sanctions on Moscow.

The UK said it will phase out Russian oil imports entirely by the end of December, and the EU's committed to slashing energy imports by two-thirds.

Russia provides more than 40 per cent of Europe's energy needs, but only around 3 per cent of American oil supplies.

RNZ's Washington Correspondent Simon Marks reports.