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Pipeline Pulse > Oil > Graham Says He Has Broad Senate Help for New Russia Sanctions
Oil

Graham Says He Has Broad Senate Help for New Russia Sanctions

Editorial Team
Last updated: 2025/05/01 at 10:21 PM
Editorial Team 4 months ago
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Graham Says He Has Broad Senate Help for New Russia Sanctions
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A key US Senate ally of President Donald Trump stated he has the dedication of 72 colleagues for a invoice that might enact “bone-crushing” new sanctions on Russia and tariffs on nations that purchase its oil, gasoline and different key merchandise if Vladimir Putin doesn’t interact in critical negotiations to finish the conflict in Ukraine.

“The aim is to assist the president,” Lindsey Graham, a South Carolina Republican, instructed reporters Wednesday, on the identical day that the US and Ukraine introduced an settlement over entry to the latter nation’s pure assets. The deal provided a measure of assurance to officers in Kyiv who had feared that Trump would possibly pull again his help of peace talks with Moscow.

The punishments would come with a 500% tariff on imports from nations that purchase Russian oil, petroleum merchandise, pure gasoline or uranium, in accordance with a draft of the invoice seen by Bloomberg Information. Different sanctions would additionally prohibit US residents from shopping for Russian sovereign debt, in accordance with the draft. 

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“He talked about being pissed off,” Graham stated. “I desire a negotiated finish to the conflict, honorably and simply. I believe Trump’s one of the best individual to attain that aim, however these sanctions characterize the Senate’s view that we see the first unhealthy man being Russia.”

Graham added that Russian chief Putin, “can be making an enormous mistake to attempt to play Trump, so this invoice is a device in President Trump’s toolbox,” he stated.

“When President Trump believes that we’ve reached an deadlock, then look ahead to motion.”

Graham stated he has sufficient help within the Home to carry the sanctions invoice to the ground there as nicely.

He predicted that Putin would finally have to decide on between sitting down with Trump to finish the conflict or have the Russian financial system be “crushed.” 

The White Home didn’t instantly reply to a request for touch upon Wednesday evening.




Generated by readers, the feedback included herein don’t replicate the views and opinions of Rigzone. All feedback are topic to editorial assessment. Off-topic, inappropriate or insulting feedback will probably be eliminated.


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Editorial Team May 1, 2025
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