TELETRADER News
2/1, 10:50 PM
(Source: TeleTrader)
Schumer: Senate may ban SPR sales to Russia, Iran
United States Senate Majority Leader Chuck Schumer (pictured) stated on Wednesday that the US Congress may add Russia and Iran to the bill adopted by the House of Representatives that prevents selling oil from the Strategic Petroleum Reserve (SPR).
The list of forbidden buyer countries so far features only China, and it was first introduced by the Republican Party before being passed by the House earlier this month. Answering a reporter's question about expanding the bill to Russia and Iran, Schumer confirmed that he had seen a House proposal and the members may think of adding new countries to the list.