WS #13645
Senate passed the Lindsey Graham Sanctioning Russia and Iran Act (86-11), allowing up to 100% tariffs on major buyers of Russian oil/gas, moving to the House with uncertain fate. US official says a deal between Iran and Oman on the Strait of Hormuz is expected soon, which would lift the US blockade of Iranian ports and restore commercial shipping, pressuring oil prices.
Senate Passes Russia/Iran Sanctions Bill
Senate passed the Lindsey Graham Sanctioning Russia and Iran Act (86-11), allowing up to 100% tariffs on major buyers of Russian oil/gas, moving to the House with uncertain fate.
US official says a deal between Iran and Oman on the Strait of Hormuz is expected soon, which would lift the US blockade of Iranian ports and restore commercial shipping, pressuring oil prices.