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US lawmakers question oil service company's SLB's exception to Russian sanctions

By Yahoo! Finance   |   Oct 21, 2024 at 12:20 PM EST
US lawmakers question oil service company's SLB's exception to Russian sanctions

U.S. lawmakers across party lines are pushing for tougher sanctions on Russian oil shipments, criticizing an exception allowing oilfield company SLB to operate in Russia, contributing to Putin's war efforts in Ukraine. The Biden administration faces pressure to restrict Putin's profits through more rigorous oil sanctions.

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