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The United States has proposed allocating part of the defense budget to sanction non-compliance with Russia's oil price cap

 Last Update: 2022-10-18
 Source: Internet
 Author: User

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U.
S.
lawmakers have proposed that the U.
S.
defense budget bill provide for secondary sanctions
for non-compliance with Russia's oil price cap.

According to material released by the U.
S.
Senate Armed Forces Committee, the draft received more than 900 recommendations for revision, including for implementation

Russia's oil price ceiling system has launched secondary sanctions
.

Other amendments provide for $6.
5 billion in military aid to Taiwan over the next five years, restricting the sale of F-16 fighter jets
to Turkey.

The budget bill is expected to be voted
on by November.
The bill stipulates about $847 billion in basic defense spending and $10.
6 billion in non-defense spending
.

The U.
S.
Treasury Department previously said that the process of capping Russian oil prices "has started", but has not yet finalized the price
.

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