Six US senators Thursday unveiled a new bill that would prohibit support of Russian crude oil production and transactions in new energy projects supported by the Russian government, placing new hurdles on future output. Receive daily email alerts, subscriber notes & personalize your experience. Register Now If Congress passes, and it is signed by President Donald Trump, the bill would impose new sanctions on investment transactions in energy projects outside of Russia that Russia’s government supports, either directly or indirectly. It would also prohibit investments in goods, services, technology, financing or support that would contribute to Russia’s ability to develop crude oil resources in Russia, according to the proposed bill’s text. The new sanctions would not apply to projects already underway at the time of the bill’s enactment. The bill, formally known as the Defending American Security from Kremlin Aggression Act, or DASKA, is in response to […]