This week the United States is ready to abandon Russian oil

Russia will also be asked to withdraw from the World Trade Organization

Congress took up Russian oil / Collage “Today”

Democratic House Majority Leader Steny Hoyer told reporters that a bill to ban energy imports from Russia could be passed as early as this week.

This is reported by the American television channel CNN.

What is known

A powerful group of congressmen from the two leading US parties (Democratic and Republican) announced on March 7 that it would draft legislation to suspend traditional trade relations with Russia and Belarus and give the White House the power to raise tariffs for those two countries in response to Russia’s invasion of Ukraine. Politicians agreed to conclude an agreement to ban the import of “energy products” from Russia.

In their statement, senior lawmakers also said they would require the US trade representative to suspend Russia’s participation in the World Trade Organization and give President Joe Biden the right to restore trade relations under certain conditions and Congressional disapproval.

Sanctions noose

  • Analysts are already calculating when Russia will default due to the sanctions and restrictions imposed on it because of the unleashed war in Ukraine.
  • Analysts American financial conglomerate Morgan Stanley & Co, calculated that a default in Russia can be expected in mid-April.
  • On the morning of March 7, the Russian ruble on the London Stock Exchange fell to 139 rub/dollarand for 1 euro they asked 150 “wooden”.
  • At the end of this week, the first official delegation of the US government since 2019 will visit Caracas in order to consider the option of lifting oil sanctions on the country. In this case, Venezuela will be able to replenish the volume of Russian oil, which the world is now dreaming of getting rid of.

Source: Segodnya

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