Blumenthal Publishes Graham's 'Sledgehammer' Bill Targeting Russia's Energy Projects

U.S. senators have introduced a revised bill that would significantly expand sanctions against Russia by targeting the country's financial institutions, liquefied natural gas projects, shadow fleet and foreign companies accused of supporting Russia's defense industry. The proposal would also authorize tariffs of up to 100% on major importers of Russian oil and natural gas. Expanded Sanctions Would Target Energy, Banking and Defense The updated legislation, published on the website of Senator Richard Blumenthal, was developed with the participation of the late Senator Lindsey Graham. According to the bill's summary, the measures would impose mandatory sanctions on Russian President Vladimir Putin, senior Russian political and military officials, business leaders, state-owned enterprises and foreign companies that U. S. lawmakers believe support Russia's defense-industrial sector. Also read:  Death of a Senator: Lindsey Graham – Media Hysteria & Practical Reality