Huh? Biden Sanctions Russia — But Not Vladimir Putin or Russian Oil

President Joe Biden announced Thursday he would level economic sanctions on Russia for invading Ukraine, but not on Russian President Vladimir Putin.

“For weeks, we have been warning that this would happen, and now, it’s unfolding largely as we predicted,” Biden said during a speech at the White House. . .

Biden’s administration finally leveled sanctions on Russian banks after over a month of threatening severe economic pain if he attacked Ukraine. But the president admitted he did not expect Putin to change his mind soon as a result.

“It’s not going to occur — he’s going to say ‘oh my god, these sanctions are coming, I’m going to stand down,’” Biden continued.

The Biden administration also indicated earlier Thursday they would not sanction Russian oil, at a time when prices were already high. (Read more from “Huh? Biden Sanctions Russia — But Not Vladimir Putin or Russian Oil” HERE)

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