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Montana Public Radio's Edward O'Brien catches up with Republican Rep. Matt Rosendale.
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President Biden described the move as a critical step to punishing Russian President Vladimir Putin for invading Ukraine, but said as a result, Americans should prepare for price hikes at the pump.
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President Biden is set to announce a U.S. ban on the import of Russian oil because of Russia's invasion of Ukraine.
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Montana’s lone U.S. House representative was one of three dissenting votes this week in an overwhelmingly bipartisan resolution announcing support for the people of Ukraine.
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Democrat Jon Tester and Republican Steve Daines have joined 18 senators and 2 congressmen in supporting the Ban Russian Energy Imports Act.
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The Montana Board of Investments holds about $15 million in assets tied to Russia, out of a $25 billion portfolio.
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Crude oil prices reached an eight-year high this week, nudging past $100 per barrel Thursday after days of tension leading up to the invasion.
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The next round of sanctions from the White House targets banks and export controls, which would cut Russia off from critical technology such as semiconductors.
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Montana’s top political leaders issued statements Thursday as the United States announced new sanctions on Russia following its invasion of Ukraine.
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Russian lawmakers have authorized President Vladimir Putin to use military force outside his country. President Joe Biden and European leaders responded by slapping sanctions on Russian oligarchs and banks.