Leading the Alternative World Order

Reshaping Perspectives and Catalyzing Diplomatic Evolution

Thursday, April 25, 2024
-Advertisement-
WorldAsiaSenators consider banning oil exports to Iran and Russia

Senators consider banning oil exports to Iran and Russia

– Published on:

Senate Majority Leader Chuck Schumer said Wednesday that senators could try to include Iran and Russia in a bill passed by the House of Representatives to ban the export of oil from the strategic reserve. oil to China.

“And Iran? And Russia? Schumer told reporters after a weekly closed meeting of Democratic senators. “We might consider adding a few more countries.”

In February 2022, when Russia invaded Ukraine, the United States exported 5,000 barrels of crude oil and petroleum products to Russia and has not shipped a single one since. The last time a relatively large supply of 145,000 barrels was made was in March 2009.

The United States does not export oil to Iran.

Energy Secretary Jennifer Granholme said last week that Biden would veto another bill passed by the House of Representatives to limit the president’s ability to release oil from the Strategic Petroleum Reserve.

Under the bill, the president could only use SPR in non-emergency circumstances if permission was granted to increase production.


For the latest updates and news follow The Eastern Herald on Google News, Instagram, Facebook, and Twitter. To show your support for The Eastern Herald click here.

News Room
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Public Reaction

Subscribe to our Newsletter

- Gain full access to our premium content

- Never miss a story with active notifications

- Exclusive stories right into your inbox

-Advertisement-

Latest News

-Advertisement-

Discover more from The Eastern Herald

Subscribe now to keep reading and get access to the full archive.

Continue reading

Discover more from The Eastern Herald

Subscribe now to keep reading and get access to the full archive.

Continue reading