Blumenthal and Graham’s proposed legislation would slap large taxes on nations buying Russian oil or uranium, primarily focusing on China and India, which purchase 70% of Russia’s power. “This sanctions hammer will drive Putin’s funders to decide on,” Blumenthal declared in a video from Rome with St. Peter’s Basilica behind him.
The invoice has over 80 Senate backers from each events and features a waiver letting President Trump exempt allies for 180 days. Critics warn it may disrupt international commerce, however supporters argue it’s wanted to starve Russia’s struggle funds.
U.S. Senator Richard Blumenthal joined Ukraine’s President Volodymyr Zelenskyy on the Ukraine Restoration Convention in Rome this week, promising robust American assist.
The Connecticut Democrat stood alongside Republican Senator Lindsey Graham as they pushed their new Sanctioning Russia Act, a invoice proposing 500% tariffs on international locations shopping for Russian oil.
Zelenskyy thanked them, stressing Ukraine’s pressing want for air protection towards Russian drone assaults. The convention gathered leaders from 32 nations as Russia bombarded Kyiv with missiles simply hours earlier.
