Senate Democrats press for investigation into moves to ease Russia oil sanctions
Energy,Trade,Russia,United States,India,Oil,Global Markets,Global Economy,Sanctions,US Treasury,Scott Bessent,Democratic Party
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Democratic senators are demanding answers after the Trump administration moved to ease sanctions on Russian oil reserves in an attempt to offset the impact of the U.S.-Israeli strikes on global oil supplies.
The minority members on the Senate Committee on Banking, Housing and Urban Affairs requested a congressional hearing with Treasury Secretary Scott Bessent by the end of March in a Tuesday letter to Committee Chair Tim Scott (R-S.C.), which was reported by Punchbowl News.
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