Rail wagons for oil, gasoline and liquefied fuel shipment stand in sidings at Yanichkino railway station, with regards to the Gazprom Neft PJSC Moscow refinery in Moscow, Russia, on Monday, April 27, 2020.
Andrey Rudakov | Bloomberg | Getty Pictures
WASHINGTON — The Senate on Thursday handed a invoice to prohibit imports of oil and fuel from Russia, the most recent measure within the U.S. executive broad effort to economically isolate and penalize the Kremlin for its unprovoked invasion of Ukraine.
The regulation, handed in a 100-0 vote, prohibits the importation of oil, fuel, coal and different power merchandise from Russia. It comes just about a month after President Joe Biden signed an government order that mandated necessarily the similar steps.
The Senate invoice codifies Biden’s order into regulation, making it way more tough for a long term president to opposite it. The regulation handed after having been slowed down within the Senate for weeks.
The oil import ban handed right away after the unanimous Senate approval of a invoice to revoke Russia’s everlasting commonplace industry family members with the US, steadily known as “maximum appreciated country” standing. The regulation would additionally sever the traditional industry dating with Belarus, a key Russian best friend.
“This package deal is ready bringing each device of monetary drive to undergo on Vladimir Putin and his oligarch cronies,” mentioned Sen. Ron Wyden, D-Ore., in a observation at the measures.
“Putin’s Russia does now not should be part of the commercial order that has existed for the reason that finish of International Struggle II,” he mentioned.
Each the oil ban invoice and the industry standing regulation are anticipated to get votes within the Space later within the day Thursday. Each are anticipated to cross with overwhelming majorities.
That is breaking information. Please test again for updates.
