House votes to ban imports of Russian oil and energy products in retaliation for Ukraine invasion
Written by B87FM on March 9, 2022
WASHINGTON – In a uncommon present of bipartisanship, the Home voted overwhelmingly Wednesday to put in writing into regulation a ban on U.S. imports of Russian oil and energy products that President Joe Biden imposed to punish Moscow for its invasion of Ukraine.
The laws, which handed on a 414 to 17 vote, now heads to the Senate, which hasn’t indicated when it will take into account the measure. Senate Majority Chief Chuck Schumer, D-N.Y., stated leaders would wish to seek the advice of with the Biden administration first.
Home approval of the measure got here the day after Biden stated he would signal an order banning imports of all Russian energy products within the newest effort to ratchet up sanctions over the invasion. Biden stated he made the choice in session with European allies however added they will not be ready to affix the U.S. in banning Russian vitality imports.
“America is standing as much as bullies like (Vladimir) Putin who suppose that they will invade their approach into an empire and blackmail the world with their oil,” Rep. Jim McGovern, D-Mass., stated on the Home ground Wednesday previous to the vote.
The White Home had initially resisted pleas from lawmakers to ban Russian oil imports, citing the worry that such a transfer would additional drive up gas prices and different vitality prices for U.S. customers. In his announcement, Biden warned the choice to ban imports can be felt at dwelling.
However, “when the historical past of this struggle is written, Putin’s struggle on Ukraine may have left Russia weaker, and the remainder of the world stronger,” Biden stated.
Moreover banning the import of vitality merchandise from Russia, the Home invoice additionally directs the U.S. Commerce Consultant’s workplace to work to get the World Commerce Group to droop Russia’s membership. Restrictions shutting off preferential commerce networks might imply greater costs for Russian companies and customers.
The measure would allow the U.S. to impose extra sanctions towards Russia as nicely via a regulation often known as the Magnitsky Act. The regulation, handed in 2012 and expanded in 2016, authorizes the U.S. authorities to impose sanctions on human rights abusers, freeze their belongings and ban them from coming into the nation.
The invoice would additional strengthen the regulation so the U.S. might punish Russia for its assaults on Ukrainian civilians and for violating Ukraine’s sovereignty and territorial integrity.
Michael Collins covers the White Home. Observe him on Twitter @mcollinsNEWS.