Lawmakers Press Biden for Tougher Sanctions on Russian Oil Ties

U.S. Representatives from both political parties have urged tougher sanctions on Russian oil operations, challenging an exception for oilfield company SLB. Despite sanctions, SLB continues its Russian operations, aiding oil production. Lawmakers stress stronger measures are needed to limit Russia's war financing.

In a bipartisan appeal, dozens of U.S. Representatives have called on the Biden administration to intensify sanctions on Russian oil exports, specifically questioning the approval granted to oilfield giant SLB to continue operations in the region.

Following Russia's invasion of Ukraine in 2022, Western nations have implemented sanctions aimed at undermining Moscow's energy profits. Despite this, SLB has reportedly expanded its Russian ventures, drawing criticism from lawmakers who believe the firm's activities bolster Russian oil production.

In a letter to key officials, the lawmakers emphasized the need for enhanced sanctions to curb Russian President Vladimir Putin's funding capabilities for the ongoing conflict in Ukraine.

(With inputs from agencies.)