House Passes Legislation Sanctioning Russian Energy Sector

Why it matters locally: While Vermont does not have a major energy industry, increased global energy prices due to these sanctions could affect heating costs for residents and businesses across the state, which heavily relies on fossil fuels for heating.

WASHINGTON – The House of Representatives passed a comprehensive sanctions bill Wednesday aimed at Russia's energy industry. The legislation targets the largest international buyers of Russian oil and natural gas. Lawmakers named the bill in honor of Senator Lindsey Graham, a Republican, who developed the legislation before his death in July. The House vote sends the measure to the Senate for further consideration.