, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, according to a person familiar with the matter.
In this image provided by the White House, President Joe Biden listens during a secure video call with French President Emmanuel Macron, German Chancellor Olaf Scholz and British Prime Minister Boris Johnson in the Situation Room at the White House Monday, March 7, 2022, in Washington. Gas prices have been rising for weeks due to the conflict and in anticipation of potential sanctions on the Russian energy sector. The U.S. national average for a gallon of gasoline soared 45 cents a gallon in the past week and topped $4.06 on Monday, according to auto club AAA.
Preliminary data from the U.S. Energy Department shows imports of Russian crude dropped to zero in the last week in February.More than 1.7 million refugees flee to the borders of Ukraine.
Source: Financial Digest (financialdigest.net)