WS #13643
Senate passed the Lindsey Graham Sanctioning Russia and Iran Act (86-11), authorizing up to 100% tariffs on major buyers of Russian energy, now heading to the House. US official expects a Hormuz deal 'soon' to restore commercial shipping, which would lift the blockade on Iranian ports; ADNOC reports continued attacks on its vessels, keeping oil supply risk elevated.
Senate Russia-Iran Sanctions Bill
Senate passed the Lindsey Graham Sanctioning Russia and Iran Act (86-11), authorizing up to 100% tariffs on major buyers of Russian energy, now heading to the House.
US official expects a Hormuz deal 'soon' to restore commercial shipping, which would lift the blockade on Iranian ports; ADNOC reports continued attacks on its vessels, keeping oil supply risk elevated.