
Business
House Advances Graham Sanctions Bill, Raising Stakes for Energy Buyers
The House cleared debate on a Graham sanctions bill that could impose 100% tariffs on major buyers of Russian oil and gas.
Editorial Team·
·4 min

The House cleared debate on a Graham sanctions bill that could impose 100% tariffs on major buyers of Russian oil and gas.

The US introduces tariffs up to 100% on drones and components, targeting national security risks and aiming to boost domestic production amid concerns over Chinese dominance in the drone industry.

US President Trump and Chinese President Xi Jinping met in Beijing to discuss Iran’s blockade of the Strait of Hormuz, Taiwan tensions, and trade cooperation amid global economic challenges.

The US notifies European allies of significant arms shipment delays as it urgently replenishes stockpiles depleted by conflict with Iran, while approving large arms exports to Middle Eastern partners.