US President Biden: Freeze all Russian assets in the US and impose tougher sanctions on Russia – yqqlm

Securities Times Network News, according to CCTV news, on February 24, local time, US President Biden delivered a speech at the White House on the situation in Ukraine. Biden said all Russian assets in the United States would be frozen. The United States will work with allies to limit Russia’s ability to do business in dollars, euros, pounds and yen. Biden said the United States will impose tougher sanctions and restrictions on Russia. U.S. and allied sanctions against Russia are estimated to cut off more than half of Russia’s high-tech imports and technologies. U.S. energy companies shouldn’t take advantage of the current timing to raise fuel prices. He said the United States would release more oil from the Strategic Petroleum Reserve (SPR) “if conditions permit.”