U.S. Bans Russian Energy Imports, But Will Putin Flinch?
It has been over two weeks since Russia began its invasion of Ukraine, and countries across the globe have responded in solidarity with Ukraine. President Biden has imposed various sanctions since the war began, each aimed at damaging the Russian economy and impacting the oligarchs within Russian President Vladimir Putin’s circle. Having grown up in the Soviet Union, former Defense Intelligence Agency Officer Rebekah Koffler is familiar with Putin’s goals for the country. She joins to discuss her book, ‘Putin’s Playbook: Russia’s Secret Plan to Defeat America’, the resilience of Ukraine, and why she thinks sanctions aren’t enough to end Putin’s pursuit of war.
On Tuesday, President Biden announced a ban on Russian energy imports including oil, natural gas, and coal. The President says this ban will target “the main artery of Russia’s economy,” however the move is not without consequences domestically. U.S. gasoline prices rose to a new national record as global crude oil prices climbed as well. Fox Business Anchor David Asman joins to explain how the Russians could potentially find ways around U.S. energy sanctions, which policies are contributing to record-high gas prices in addition to the Russia-Ukraine conflict, and why it’s essential the Biden administration focus on producing more oil domestically instead of reaching out to countries like Venezuela or Saudi Arabia.
Plus, commentary by Jimmy Failla, host of “Fox Across America with Jimmy Failla.”
