WS #13619
Senate passed the Lindsey O. Graham Sanctioning Russia and Iran Act (86-11), imposing tariffs up to 500% on Russian exports and up to 100% on goods from top Russian oil importers, extending Iran sanctions. Treasury Secretary Bessent says a 30-60 day ceasefire could reopen the Strait of Hormuz 'today or tomorrow', but Iran insists US/Israeli vessels barred until sanctions lifted and compensation paid, keeping oil prices elevated.
Russia/Iran Sanctions Bill
Senate passed the Lindsey O. Graham Sanctioning Russia and Iran Act (86-11), imposing tariffs up to 500% on Russian exports and up to 100% on goods from top Russian oil importers, extending Iran sanctions.
Treasury Secretary Bessent says a 30-60 day ceasefire could reopen the Strait of Hormuz 'today or tomorrow', but Iran insists US/Israeli vessels barred until sanctions lifted and compensation paid, keeping oil prices elevated.