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US House of Representatives passes bill banning oil imports from Russia

Washington. The US Home of Representatives handed a invoice banning imports of oil from Russia on Wednesday night time. The sanctions introduced by President Joe Biden in response to Russia’s assault on Ukraine are paving the best way for them to be transformed into regulation.

Aside from banning oil imports from Russia, the invoice additionally features a evaluate of Russia’s standing within the World Commerce Organization. 414 votes have been forged in favor of this invoice whereas 17 votes have been towards. Now it will likely be despatched to the Senate for approval.

With the ban on oil imports, there’s additionally the danger of rising gasoline costs within the US. Till a number of days in the past, the Biden administration was unwilling to ban oil imports from Russia amid issues about slashing international vitality provides and rising gasoline costs.

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