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Ban On Oil News Today : Breaking News, Live Updates & Top Stories | Vimarsana

UK introduces long awaited Russia sanctions legislation banning coal, oil and gold imports, and the provision of professional and business services to Russia and further expands trade restrictions

MSNBC Jose Diaz-Balart Reports March 9, 2022 15:21:00

place in los angeles this morning, that it s not just oil and gas prices that are being affected. it is everything. restaurants, coffee jobs, boutiques, the retail stores, all across the board, girding for the prices to hit their bottom line. and of course, gas prices have been increasing over the past several months. the biggest spike certainly happening over the past couple of weeks. and we ve been talking to drivers, they do express that important perspective. that they do support the russian ban on oil by president biden, even if it means higher prices. a recent quinnipiac poll shows that 71% of those surveyed do support the russian ban on oil, even if it means that they have to pay more. the real question here is how much longer can small businesses and individuals sustain this. because right now, overall, inflation is 7.5%. tomorrow we get a new reading on inflation, expecting that to perhaps break records. and so it s a very difficult situation here in terms of economic and poli

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