US House to Vote as Soon as Tuesday on Russia Energy Import Ban

Monday, March 7, 2022

The U.S. House of Representatives is set to vote as soon as Tuesday on legislation seeking to ban the import of Russian energy products and suspend normal trade relations with Russia, a congressional aide told Reuters.

The text of the proposal is expected later on Monday, the aide said. A group of key tax- and trade-writing lawmakers said in a joint statement that they had "agreed on a legislative path forward to ban the import of energy products from Russia."

It also would give President Joe Biden the authority to increase tariffs on goods from Russia and Belarus and would require U.S. Trade Representative Katherine Tai to seek suspension of Russia's participation in the World Trade Organization.


(Reuters - Reporting by David Shepardson; editing by Jonathan Oatis)

Categories: Tankers Energy Russia Oil North America

Related Stories

Israeli Firm Gets Final Permit for US Wave Energy Demo

US Revokes Licenses to Repsol, Eni, Maurel et Prom for Venezuelan Oil

BP Mulls Shedding two US Offshore Stakes

Current News

NOIA: Joe Leimkuhler Elected as Chair, Eric Zimmermann Appointed as Vice Chair

SLB, Shell: New Partnership to Expand Deployment of Subsurface Digital Technology

Eneos Scoops Jack-Up Drilling Contract Offshore Vietnam

UK Grants Development Consent for Rampion 2 Offshore Wind Farm

Subscribe for OE Digital E‑News