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US Lawmakers Press Bessent to Back New Russia Sanctions Targeting Energy Buyers

Source
JH Kim

Summary

  • Bipartisan US lawmakers plan to press Treasury Secretary Scott Bessent to support an additional Russia sanctions bill.
  • The bill would allow sanctions and tariffs to be imposed on countries that buy Russian oil, gas and uranium.
  • Supporters of the bill argue that economic pressure on Russia should be increased to advance Ukraine peace talks.

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Bipartisan US lawmakers plan to press Treasury Secretary Scott Bessent to support additional sanctions legislation against Russia.

Walter Bloomberg reported on July 7 that the lawmakers intend to urge Bessent during the NATO summit to back the pending bill.

The legislation would allow sanctions and tariffs to be imposed on countries that buy Russian oil, gas and uranium.

Backers of the bill argue that economic pressure on Russia should be increased to advance Ukraine peace talks.

Photo: Shutterstock
Photo: Shutterstock
#Russia Sanctions
#Energy Security
#Russia-Ukraine War
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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