Canada to Ban Russian Oil Imports in Response to Ukraine Invasion

The Russian oil ban applies only to crude for now, but the Canadian government is looking at oil derivative products next, a government source said.

Steve Scherer and Julie Gordon, Reuters

Canada will supply anti-tank weapons and upgraded ammunition to Ukraine to support its fight against a Russian invasion, Prime Minister Justin Trudeau said on Feb. 28, and it will ban imports of Russian crude oil.

“Canada will continue to deliver support for Ukraine’s heroic defense against the Russian military,” Trudeau told reporters in Ottawa. “We are announcing our intention to ban all imports of crude oil from Russia, an industry that has benefited President Putin and his oligarchs greatly.”

Canada has already sent weapons and non-lethal support to Ukraine, and has backed a number of sanctions, including supporting the removal of Russia from the SWIFT system for international bank payments.

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