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'Sticker shock' at the pump: Diesel prices hit all-time high, and Biden bans Russian oil imports
Diesel prices across the United States hit an all-time high during the week ending March 7, and prospects of any immediate relief at the pump are grim, as the Biden Administration announced additional sanctions on Russian energy imports after Vladimir Putin's invasion of Ukraine.
"The decision today is not without cost here at home," Biden said. "Putin's war is already hurting American families at the gas pump.... I'm going to do everything I can to minimize Putin's price hike here at home."