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Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy - Foreign Affairs - Nairaland

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Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by NigeriaZoo: 2:54pm On Mar 08, 2022
The U.S. is expected to announce as early as today that it will ban imports of Russian oil, NBC News reported.

The White House updated President Joe Biden’s schedule for the day to include an announcement of additional steps the U.S. will take to “hold Russia accountable for its unprovoked and unjustified war on Ukraine.”

Biden will deliver those remarks from the White House at 10:45 a.m. ET.

The U.S. is expected to announce as early as Tuesday that it will ban imports of Russian oil, NBC News reported, citing two sources familiar with the matter.

The White House and the Department of Energy did not immediately respond to CNBC’s requests for comment. But the White House on Tuesday morning updated President Joe Biden’s schedule for the day to include an announcement of new U.S. actions intended to “hold Russia accountable for its unprovoked and unjustified war on Ukraine.”

Biden will deliver those remarks from the White House at 10:45 a.m. ET, the updated schedule said.

This is breaking news. Please check back for updates.

https://www.cnbc.com/2022/03/08/us-expected-to-announce-ban-on-russian-oil-as-soon-as-today-nbc-news-reports.html

1 Like

Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by Malory: 2:55pm On Mar 08, 2022
Nigeria will still be at the receiving end

2 Likes

Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by SarkinYarki: 3:00pm On Mar 08, 2022
Na the whole world go feel the effect
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by FreeStuffsNG: 3:01pm On Mar 08, 2022
Hmmm. This announcement itself blows good tidings to some other countries. For example, Saudi Arabia, the world's largest global oil supplier, has declared a national budget surplus after years of budget deficits and Canada is already lobbying to take the over contract of the 500K bpd crude the US imports from Russia.

People are cashing out big time in the commodities markets; from oil to metals to wheat to sugar, there is serious divine wealth transfer of a lifetime taking place right now.

Those cashing out will not want the war to end soon and that is why every human with good conscience should pray for peace and lend his or her voice to make President Putin withdraw his troops. God should please restore peace in every part of the world in turmoil.

Here's free book on business ideas & money sources directory for you,it's 100% free! https://www.nairaland.com/6666800/looking-business-ideas-money-fund. Cheers.
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by EzegeNdiigbo: 3:01pm On Mar 08, 2022
What will I say huh??
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by NigeriaZoo: 3:01pm On Mar 08, 2022
SarkinYarki:
Na the whole world go feel the effect

The Russian economy will crash to the bottom.

2 Likes 1 Share

Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by SarkinYarki: 3:07pm On Mar 08, 2022
NigeriaZoo:


The Russian economy will crash to the bottom.
Your zoo will crash too

Na only Iran e go pay
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by BabalawoPikin(m): 3:19pm On Mar 08, 2022
Hmmmm... The gods of the universe are watching
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by NigeriaZoo: 3:20pm On Mar 08, 2022
SarkinYarki:

Your zoo will crash too

Na only Iran e go pay

Another IPOB idiot.
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by PrinceOfLagos: 3:22pm On Mar 08, 2022
That will be the end of Russia
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by Aidejay(m): 3:28pm On Mar 08, 2022
end this war.
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by SUPERPACK: 3:29pm On Mar 08, 2022
PrinceOfLagos:
That will be the end of Russia
US only buys 10% of Russian oil products which makes up just 3% of US oil imports per year. Any amount the US dumps will be mopped up immediately by countries in energy crisis while the US Gasoline price aims for $5 per gallon.

1 Like

Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by Aidejay(m): 3:31pm On Mar 08, 2022
Ban Russia's Oil Exports, Russia Bans Gas Supply To Europe, Oil Prices Soar Up To $300 Per Barrel. Na Una Go Still Suffer Pass.

5 Likes

Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by Maxymilliano(m): 4:04pm On Mar 08, 2022
Will that stop Putin ?

Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by sanpipita(m): 4:06pm On Mar 08, 2022
It was only yesterday Russia were threatening EU with gas cuts, wonder how they will react to this, who will replace 700k per day barrel for them? na wao Biden is cold hearted, he is determined to make Putin cry
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by seunny4lif(m): 4:09pm On Mar 08, 2022
USA want to?
UK want to?
Yet USA is running to Venezuela cheesy grin
USA want to use Peter to rob paul but Venezuela government is wise

Meanwhile in other news
The United Nations has banned its staff from referring to the situation in Ukraine as a “war” or “invasion”, in a move to balance political sensitivities as powerful member state Russia cracks down domestically on those who use the words.

1 Like 1 Share

Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by Siwisheswereesh: 4:09pm On Mar 08, 2022
Russia is finished!

Pro-Putin loooonatics are even worse off!!
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by luluosas(m): 4:12pm On Mar 08, 2022
The ripple effect will affect the Nigerian oil market so badly. God punished the people that destroyed our crude refining power thereby depending on import for our oil use. This is certainly not a good one at all, as the whole world will fill devastating impact everywhere
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by sanpipita(m): 4:14pm On Mar 08, 2022
Siwisheswereesh:
Russia is finished!

Pro-Putin loooonatics are even worse off!!

cheesy they are still making threats up and down while USA are delivering punches left, right and center, till now we are yet to see consequence Putin promised us for any nation that supports Ukraine cheesy
Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by MangekyoAlt: 4:43pm On Mar 08, 2022
grin Russia already said they will turn off gas export to Europe if USA bans their oil.
Meanwhile, USA exports 30% of its oil to Asia while Russia exports 40% to Europe while the rest goes to Asia.
If USA bans Russian oil, they will have to be the ones to fill in fir Europe since Venezuela and Saudi Arabia have refused to drill more. Which means the 30% of oil that USA sends to Asia will now be diverted to Europe leaving Asia with no other choice but to go to Russia for oil grin
Meanwhile the biggest loses here will be Europe. They receive cheap gas from Russia through pipelines. USA's LNG costs 3x higher than that of Russia. Which means they will pay USA x5 to get the same amount of barrel they get from Russia for almost free of charge, while Asia will now pay x5 less since they will now be getting the cheaper gas from Russia. grin either way, Russia will keep selling their gas.
Prepare to suffer Germans and other European countries. Stupid pawns grin

2 Likes

Re: Breaking - US Set To Announce Total Ban On Russia Oil In Blow To Russia Economy by Jackanda1(m): 5:47pm On Mar 08, 2022
Putin trolls are very anoying, there is nothing you'll say that will justify the invasion and killing of Ukrainians.

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