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BREAKING: Biden says gas prices will rise, calls it 'Putin's price hike'

Summary by Ground News
US President Joe Biden imposes an immediate ban on Russian oil and other energy imports. The ban caps sweeping US and European sanctions imposed on Moscow for launching the largest war in Europe since World War Two. Oil prices jumped on the news, with Benchmark Brent crude LCOc1 for May climbing by 5.4% to $129.91 a barrel by 1345 GMT.

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GB News broke the news in United Kingdom on Tuesday, March 8, 2022.
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