- Announces US ban on Russian imports
- Made decision in consultation with allies
- We understand many allies may not be able to join us
- we remain united in our purpose to pressure Putin
- There will be cost for us in the US
- Both Dems and GOP agree we must do this
- US will share in responsibility of caring for refugees from Ukraine
- Gas prices will go up further
- War in Ukraine is no excuse for oil companies to pad profits
- Calls on oil firms not to engage in excessive price hikes
- Crisis is reminder we must be energy dependent
- It should motivate us to accelerate move to cleaner energy
In markets:
- Dow -152 points
- S&P -35 points
- Nasdaq -147 points
- Crude $128.60
- Bitcoin $38,226
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