Senate Approves Russia Sanctions Legislation

Why it matters locally: Texas, a major energy-producing state, could see indirect impacts on global energy markets due to these sanctions on Russian energy resource importers. While not directly targeted, shifts in international energy trade could influence state industries.

---

The United States Senate has approved legislation that targets Russia's economy through new tariffs. The bill specifically focuses on major importers of Russian energy resources. Senator Lindsey Graham, a Republican from South Carolina, had previously supported the development of this legislation. He advocated for its passage in Congress. Graham passed away in July.