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US House Votes to Ban SPR Oil Sales Ban To China

OIL

The US House of Representatives has voted to ban the sale of SPR oil to China but the bill will still need approval from the senate, according to Bloomberg.

  • The measure passed on a bipartisan 331-97 vote, but it is not likely to be taken up in the democratically controlled senate, meaning it demands more actions by the Republicans to demonstrate their opposition to the president’s decision to releases 180mbpd from the nation’s oil reserve.

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