Sky News - Live Blog: Reports in its 2.01pm post the following, " US President Joe Biden has banned Russian oil imports, toughening the toll on Russia's economy in retaliation for its invasion of Ukraine....The latest came as Russia threatened to cut all gas supplies to the West if there is a ban on Russian oil imports. "
Lets Get Real:
Thus the Oval has finally ACTED, banning Russian oil will cause prices to go up in the US, and with the Mid Terms coming up, thus oil price hikes that the US voter will not like, but the Oval can fairly say that this helps the Kiev Government against the Russian invasion. The threat from Russia to cut off exports to the WEST is a empty threat, they need the money and Europe needs the oil gas, the UK not so much but then we have our own oil and gas fields. The UK will NOW come under pressure to join the US, the is will happen in short order, while the gaze will now be on Europe, Germany, Italy and the Netherlands will have to decide, is a life of a Ukrainian more important than Western consumption of Oil. Russian in economic and cultured terms has become the number 1 rogue nation, back to the COLD WAR 2, I missed you!
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