News Snapshot:
President Joe Biden has banned imports of Russian oil and gas into the US as Washington steps up economic sanctions on Moscow over the invasion of Ukraine in a bid to deprive it of revenue. The move was matched by a UK ban on Russian oil imports, but the EU did not follow suit and instead unveiled a plan to cut Russian gas imports by two-thirds within a year. The US decision opens a new front in efforts to isolate Russia from the global economy, following moves to impose sanctions on key Russian banks, top government officials and oligarchs, as...
