Former Energy Secretary Dan Brouillette analyzes tension in the Strait of Hormuz and Bab al-Mandab Strait on 'Kudlow.' #fox #foxbusiness #media #breakingnews #us #usa #new #news #breaking #kudlow #danbrouillette #oil #oilprices #energy #energynews #gas #markets #economy #business #finance #middleeast #hormuz #iran #shipping #trade #global #geopolitics
The House passed a sweeping Russia sanctions bill Thursday, sending the long-awaited legislation to President Trump's desk. Why it matters: The measure would significantly expand economic pressure on Russia while handing Trump fresh authority to impose secondary tariffs of up to 100% on buyers of Russian oil and gas. - It would also target Russia's "shadow fleet," the network of aging tankers used to evade Western sanctions while exporting Russian oil. - The vote was 262-159. - The bill was renamed in honor of its lead sponsor, the late Sen. Lindsey Graham (R-S.C.), who died suddenly in July. Driving the news: The bill scrambled the usual partisan lines on Russia and Ukraine, with House Democratic leaders opposing it while some…
The bill is headed to Trump’s desk for his signature after more than a year and a half of negotiating. The bill was championed by the late Sen. Lindsey Graham, R-S.C., who had worked across the aisle to get this passed.
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.
Sen. Bill Cassidy, R-La., discusses how to solve the oil problem in the United States and around the world on 'The Bottom Line.' #fox #foxbusiness #media #breakingnews #us #usa #new #news #breaking #thebottomline #billcassidy #cassidy #congress #iran #war #oil #energy #gas #economy #costs #production #infrastructure #reform #supply #politics #political #politicalnews #government #republicans #louisiana
