Skip to content

Senators Seek Secondary Sanctions on Russian Oil Purchases

  • Move by Van Hollen, Toomey clashes with Biden policy
  • US tries to secure international accord with oil price cap
Bloomberg business news
Watch: Sen. Chris Van Hollen wants to see more sanctions targeting Russian oil.Source: Bloomberg
Updated on

A bipartisan pair of senators is pressing the Biden administration to use secondary sanctions to enforce a cap on the price of Russian oil.

The push comes as the US and Group of Seven nations seek to limit Russian President Vladimir Putin’s ability to fund his war in Ukraine.