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Biden: Sanctions against Russia will provoke a rise in fuel prices in the United States

US President Joe Biden, speaking about new sanctions against Russia, stressed that they would also hit the United States. In particular, fuel prices will rise. "I will not pretend that it will be painless. This may affect prices in the energy sector," TASS quotes the politician.

The owner of the White House philosophically remarked that you have to pay for everything in this life. “We will face the consequences at home as well. If this price is not paid now, then in the future it will be higher,” Biden added.

He noted that the authorities are taking active steps to ease the pressure on energy markets.

Recall that the West promised to introduce new restrictions against Moscow in the event of a Russian attack on Ukraine. In the Kremlin, statements about the coming "invasion" are called empty and unfounded escalation of tension.

The New York Times wrote about the panic in the world market in the event of sanctions being imposed two weeks ago. The authors of the article noted that financial shocks in this case cannot be avoided, the stability of the global financial system is under threat. Restrictions can result in high inflation, stock market crashes, and other forms of financial panic.

Americans themselves will suffer from Washington's actions, and everyone from billionaires to government officials and middle-class families.

Biden: Sanctions against Russia will provoke a rise in fuel prices in the United States