Biden bans Russian oil imports, how high will gas prices go?

President Joe Biden banned all Russian oil and energy from coming into the United States in an effort to stop the war on Ukraine Tuesday. As gas prices continue to rise throughout the country, many wonder just how high gas prices will go. Expert weighs in.

Record-high gas prices worrying Chicago area drivers

At the BP at North and LaSalle in Chicago, regular unleaded gas spiked to $5.25 per gallon Tuesday night — a direct result of President Joe Biden announcing Russian oil will no longer be accepted at U.S. ports.

Impact of Russian oil import ban on US economy

On Tuesday, President Joe Biden announced the United States would ban imports of Russian oil. How will this impact gas prices? Scott Martin, CIO of Kingsview Wealth Management, discusses the differences you may see at the pump.