The U.S. Senate may soon take a significant step against Russia, as lawmakers consider a bipartisan sanctions bill aimed at increasing pressure over the war in Ukraine. The legislation could also target countries like China and India that continue trading with Moscow.
U.S. Senate Majority Leader John Thune announced that the chamber could begin working on a new sanctions bill against Russia later this month. It would impose harsh economic penalties, including 500% tariffs on nations purchasing Russian oil, gas, uranium, and other exports.
The bill also outlines secondary sanctions for countries doing business with Russia—specifically targeting nations like China and India, which together account for 70% of Russia’s international energy trade. While President Donald Trump's administration continues to pursue a diplomatic resolution to the conflict, Senate leaders say they’re prepared to escalate pressure if negotiations stall.
Thune emphasized the Senate’s readiness to support the president with legislative tools to bring Russia to the negotiating table. Although there’s no set timeline, he hinted the bill could move forward in the weeks leading up to the July 4 recess.
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Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the ground".
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Iran has condemned new U.S. sanctions as “economic terrorism” and “crimes against humanity”, accusing Washington of pursuing a decades-long policy of hostility. Tehran said the measures would not weaken its resolve to defend its sovereignty and national interests.
Türkiye said on Thursday it would continue helping Syria strengthen its military, despite rising tensions with Israel over Ankara’s role in the country.
At least 13 Tunisians are missing after a boat carrying migrants sank off the Tunisian coast while attempting to reach Italy, according to the Tunisian Observatory for Human Rights.
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A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
The United States has imposed 50% tariffs on a range of Canadian goods after Washington and Ottawa failed to reach a new trade agreement, with both sides accusing the other of derailing negotiations at the final stage.
Türkiye has asked Interpol to issue a red notice for Israeli Prime Minister Benjamin Netanyahu in a criminal case linked to Israel’s interception of the Global Sumud Flotilla carrying humanitarian aid to Gaza, Justice Minister Akın Gürlek said on Friday.
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