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U.S. signs Russia and Iran sanctions bill

  • This topic has 0 replies, 1 voice, and was last updated 4 weeks ago by Master 👑 Lv.100 Master.
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    Master
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    👑 Lv.100 Master

    H.R. 5334 targets Russian finance, energy, defense and the shadow fleet, and grants authority for tariffs of up to 100% on major buyers of Russian energy.

    Market impact: It raises trade risk with China and India and the cost of rerouting Russian oil.

    Source: Reuters · Confirmed · Section: Russia & Ukraine

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