The U.S. Senate overwhelmingly passed a Russia sanctions bill late Friday named after the late Senator Lindsey Graham. The legislation aims to undermine Russia’s war effort in Ukraine by imposing tariffs of up to 100% on the top five purchasers of Russian oil or gas, including China and India. It includes sanctions targeting Russian President Vladimir Putin, oligarchs and financial institutions, as well as an extension of sanctions on Iran’s weapons and energy sectors at President Trump’s request. The bill passed 86-11 with bipartisan support and will now move to the House of Representatives, which is on recess until September.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
