Russia sanction push stalled
HOUSE Republicans are throwing up new roadblocks to a Russia and Iran sanctions bill over concerns from the energy industry that a provision could block US companies from lucrative foreign oil deals. A section of the legislation would prevent US companies from doing business anywhere in the world with Russian interests, causing consternation in the capitalintensive energy industry where foreign partnerships are common. That prompted Republicans to push for a fix to the version passed by the Senate before the bill moves forward in the House. “You’re empowering Russia more based upon the way they wrote it, that you can give Russia greater energy power over Europe and everywhere else,” House Majority Leader Kevin McCarthy, a Republican from California, said on Wednesday evening. “So yes, we do need to change that,” he said. Republicans previously said that the measure was stalled over complaints from Democrats.