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Senate passes new Russia sanctions

Senate passes new Russia sanctions

Members of the U.S. Senate proposed a vote on a new package of sanctions against Russia, primarily targeting Moscow's revenues from the energy sector. This includes imposing tariffs of up to 500% on gas and oil imports, and 100% on major importers such as China and India. The goal of these sanctions is to reduce Russia's funding for its war in Ukraine. The move is also in honor of Senator Lindsey Graham, who called for sanctions on Moscow before his passing. The law requires approval from the House of Representatives, but the vote will not take place before September due to the legislative recess.

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