Under Joe Biden, America has purchased record amounts of Russian oil, effectively fueling Russia’s war machine as it invades Ukraine. In 2021, the U.S. purchased 670,000 barrels per day in Russian oil and petroleum products, compared to 375,000 in 2018. CNS News reported that when “President Biden joined with allies … in imposing economic sanctions on Russia in response to its invasion of Ukraine, Russia’s oil and gas exports were not targeted….Daleep Singh, Biden’s Deputy National Security Adviser for International Economics….explained the administration’s position. ‘To be clear: Our sanctions are not designed to cause any disruption to the current flow of energy from Russia to the world,’ said Singh.”
Meanwhile, Reason Magazine notes, Biden has ensured that “no Ukrainian iron—one of the country’s primary exports—will end up” in federally-funded infrastructure. Under Biden, the U.S. has also imposed special customs “duties” against various iron and steel products from Ukraine, such as seamless carbon and alloy steel standard, line and pressure pipe products from Ukraine. That has reduced Ukrainian steel sales in the U.S., while increasing the sales of Chinese steel.
