If passed and signed by Trump, the bill, which was championed by the late Sen. Lindsey Graham, would impose harsher sanctions on Russia and buyers of Russian oil and gas than those the U.S. previously imposed.
The U.S. has already imposed sweeping sanctions on Russia since the beginning of the Ukraine war. The late Graham, however, had pushed for a significant escalation of those measures.
The national average price of a gallon of diesel jumped over $6 for the first time ever, AAA said on Friday. Why it matters: The fuel that runs the economy is getting more expensive by the day, costing businesses and consumers alike billions of dollars. - While the $6 threshold is more psychological than anything else, it points to months of continued pain for drivers, shippers and shoppers. Data: AAA; Chart: Ben Geman/Axios Driving the news: At $6.0556 a gallon, diesel is about 14% more expensive than it was a month ago and over 60% more than a year ago. - That is starting to show up in other prices, as has long been feared; inflation data out Thursday showed sharp spikes in transportation and warehousing costs, for example. Stunning…
Former U.S. Defense Secretary Mark Esper discusses the Houthis possibly disrupting traffic in the Strait of Hormuz and the current state of the U.S.-Iran conflict on 'America Reports.' #fox #media #breakingnews #us #usa #new #news #breaking #foxnews #americareports #iran #houthis #houthi #yemen #middleeast #nuclear #military #defense #markesper #esper #straitofhormuz #hormuz #shipping #energy #oil #security #conflict #war #global #world #geopolitics Don’t just watch Fox News—be part of it. Become a Fox News Patriot today. https://youtube.com/foxnews/join