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U.S. Senate and White House Agree to Tighten Sanctions on Russia
The U.S. Senate and the White House have reached an agreement on a bill aimed at imposing sanctions on countries that purchase Russian energy products, in an effort to increase pressure on Moscow over its war in Ukraine. The legislation grants the President the authority to impose tariffs and sanctions on nations that continue to buy Russian oil and gas, intending to create a significant economic impact on Moscow’s main source of funding for the war. The bill is expected to be announced soon and may remove political obstacles to its passage, with support from both parties.
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