Senate Foreign Relations Committee
@SFRCdems
Official account for U.S. Senate Foreign Relations Committee | Ranking Member @SenatorShaheen
Joined February 2021
246 Following 82K Followers
NEW: @SenatorShaheen and @SenWarren release statement on @USTreasury's decision to extend sanctions relief for Russian oil again:
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.@USTreasury is issuing a temporary 30-day general license to provide the most vulnerable nations with the ability to temporarily access Russian oil currently stranded at sea.
This extension will provide additional flexibility, and we will work with these nations to provide specific licenses as needed. This general license will help stabilize the physical crude market and ensure oil reaches the most energy-vulnerable countries.
It will also help reroute existing supply to countries most in need by reducing China’s ability to stockpile discounted oil.
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