US energy companies such as Exxon and Chevron Corp announced their support against a new bill to intensify anti-Russia sanctions.
Report:
US oil companies support Trump against stepping up Russia sanctions
5 Jul 2017 - 8:46
US energy companies such as Exxon and Chevron Corp announced their support against a new bill to intensify anti-Russia sanctions.
The oils giants are accordingly notifying the Republican-controlled Congress that he bill could “disadvantage US companies compared to our non-US counterparts," The Wall Street Journal reported on Tuesday.
The pushback comes based on the argument that such sanctions would ultimately hurt the US economy and inadvertently aid Moscow.by shutting down oil and gas projects around the world that involve Russian partners.
In June, the US Senate easily passed a bill with a 98-2 vote to toughen sanctions on Russia, all while Trump has appeared as the most Russia-friendly president in US history and vowed to mend ties with the Kremlin.
Story Code: 273955