Senate Passes Bills to Ban Russian Oil Imports, Suspend Permanent Normal Trade Relation Status

Source: United States Senator Kevin Cramer (R-ND)

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WASHINGTON – U.S. Senator Kevin Cramer (R-ND), member of the bipartisan Senate Ukraine Caucus, issued the following statement after voting to pass legislation to ban Russian oil imports and suspend Russia’s Permanent Normal Trade Relations (PNTR) status:

“We can and should be doing everything in our power to undercut Putin’s malign influence as they continue their violent unwarranted and unprovoked invasion of Ukraine. Banning Russian oil imports and suspending preferential trade treatment shuts down vital revenue streams for Putin’s war chest. We stand strongly with the freedom-loving people of Ukraine,” said Senator Cramer.

These bills are now headed to the President’s desk to be signed into law.

Background:

Since Russia invaded Ukraine in late February, Senator Cramer has helped introduce a number of bills to ban Russian energy imports and unleash American energy production, including:

He also joined colleagues in demanding President Biden change course on his failing energy policies. In a letter, they outlined 12 specific actions the president can announce to unleash domestic energy production in order to lower skyrocketing energy prices and help America’s European allies be less dependent on Vladimir Putin’s regime for their energy supply.