Senate approves Russia sanctions
The U.S. Senate overwhelmingly approved legislation imposing new sanctions on Russia, primarily targeting its income from the energy sector. These measures include tariffs of up to 500% on imports of Russian oil and gas, affecting major importing countries such as China and India. The sanctions also target senior Russian officials, including President Vladimir Putin. The goal of these measures is to reduce the funds supporting Russia's military efforts in Ukraine. They indicate the U.S. administration's intention to pressure Moscow into ending the conflict, pending approval of the law by the House of Representatives before its implementation at the beginning of September.
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