Bipartisan Deal Reached For Russian Energy Ban

Bipartisan Deal Reached For Russian Energy Ban

OilPrice.com

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A U.S. or full-on Western energy ban on Russian oil and gas is now one step closer to fruition, as Democrats and Republicans reach a bipartisan deal that would pave the way for the legislation. The House Ways and Means Committee and the Senate Finance Committee have now agreed to pass legislation to ban the import of energy products from Russia. U.S. President Joe Biden must now sign it into law, and it remains unclear if he will. Additionally, the deal would suspend normal U.S. trade relations with both Russia and Belarus. That would grant the…

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