President Biden bans Russian oil imports over Ukraine war

The move follows pleas by Ukrainian President Volodmyr Zelenskyy to U.S. and Western officials to cut off the imports, which had been a glaring omission the massive sanctions put in place on Russia over the invasion.

What does a US ban on Russian oil accomplish?

Amid rising gasoline prices in the U.S. — the average price has topped $4 a gallon for the first time since 2008 — the Biden administration has faced growing pressure to impose further sanctions on Russia, including a ban on oil imports.

Trucking companies feeling pain at the pump

Consumers are not the only ones feeling the pain at the pump, as gas prices continue to rise. The owner of one trucking firm says he is barely breaking even on some of his contracts as a result of fuel costs.