Congress demands stricter sanctions due to US company’s operations in Russia

Congress demands stricter sanctions due to US company’s operations in Russia

A bipartisan coalition in Congress is calling for the Biden administration to strengthen sanctions on Russia’s oilfield services industry, claiming that current regulations are allowing a major US company to support Vladimir Putin’s war efforts. The group has also requested clarification from the Treasury and State departments regarding transactions involving Houston-based SLB, formerly known as … Read more