US Congress to 'explore' Russian oil ban, enact $10b in aid for Ukraine this week - Pelosi
World+Biz
07 March, 2022, 08:55 am
Last modified: 07 March, 2022, 08:58 am
"The House is currently exploring strong legislation that will further isolate Russia from the global economy," Pelosi said in a letter
FILE PHOTO: US House Speaker Nancy Pelosi (D-CA) hosts a signing ceremony after the House of Representatives approved a $2.2 trillion coronavirus aid package at the US Capitol in Washington, US, March 27, 2020. REUTERS/Tom Brenner/File Photo
US House of Representatives Speaker Nancy Pelosi on Sunday said the chamber is "exploring" legislation to ban import of Russian oil and that Congress intends to enact this week $10 billion in aid for Ukraine in response to Russia's military invasion of its neighbor.
"The House is currently exploring strong legislation that will further isolate Russia from the global economy," Pelosi said in a letter.
"Our bill would ban the import of Russian oil and energy products into the United States, repeal normal trade relations with Russia and Belarus, and take the first step to deny Russia access to the World Trade Organisation."
Russia calls its actions in Ukraine a "special operation".
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