Senate passes ban on Russian oil and gas imports
![]() 677 Thursday, 07 April, 2022, 20:18 The Senate on Thursday passed a bill to ban imports of oil and gas from Russia, the latest measure in the U.S. government wide effort to economically isolate and penalize the Kremlin for its unprovoked invasion of Ukraine. The legislation, passed in a 100-0 vote, prohibits the importation of oil, gas, coal and other energy products from Russia. It comes nearly a month after President Joe Biden signed an executive order that mandated essentially the same steps. The oil import ban passed immediately after the unanimous Senate approval of a bill to revoke Russia’s permanent normal trade relations with the United States, often referred to as “most favored nation” status. The legislation would also sever the normal trade relationship with Belarus, a key Russian ally. “This package is about bringing every tool of economic pressure to bear on Vladimir Putin and his oligarch cronies,” said Sen. Ron Wyden, D-Ore., in a statement on the measures. “Putin’s Russia does not deserve to be a part of the economic order that has existed since the end of World War II,” he said. Both the oil ban bill and the trade status legislation are expected to get votes in the House later in the day Thursday. Both are expected to pass with overwhelming majorities. |

Apple stock has lost $191 billion in market cap over 2 days on fears of China's crackdown
338108.09.2023, 21:36
Ukrainian grain is now exported through Croatian ports
362407.09.2023, 20:30
Statement from president Joe Biden on Ukraine Independence day
582124.08.2023, 18:31
UK sanctions target foreign suppliers to Russian military
636608.08.2023, 18:18
EU suspends budget support, security cooperation with Niger
755029.07.2023, 21:54
U.S. chipmaker AMD to invest $400 million in India by 2028
754728.07.2023, 17:48
Maldives: Small island nation with big role shipping chips to Russia
812822.07.2023, 18:30
China imports record volumes of Russian oil in first half of 2023
841720.07.2023, 20:06
