[Levin]

Published Nov 03, 2023 12:59PM ET Updated Nov 03, 2023 04:11PM ET


WASHINGTON (Reuters) - The U.S. House of Representatives easily passed a bill on Friday to bolster sanctions on Iranian oil in a strong bipartisan vote.

The Stop Harboring Iranian Petroleum (SHIP) bill, which passed 342-69, would impose measures on foreign ports and refineries that process petroleum exported from Iran in violation of U.S. sanctions.

U.S. lawmakers are debating several pieces of legislation to pressure Iran after the Oct. 7 attacks on Israel by Hamas that killed at least 1,400 people, mostly civilians. Hamas has long been backed by Iran, but Tehran has denied any involvement in the attacks.


https://www.investing.com/news/commoditi...il-3221898

[webinarian]

US sanction of oil from Iran is of no use already.  

China already signed 25 years purchase of oil from Iran.   

China is the biggest consumer of oil in the world.   

.

[KPO]

webinarianUS sanction of oil from Iran is of no use already.  

China already signed 25 years purchase of oil from Iran.   

China is the biggest consumer of oil in the world.   

China brought from Russia and Iran then resell to the rest of the world. Very smart.

[Tee tiong huat]

White House says money for Ukraine military aid is running out with Congress divided on whether to provide. Fri November 3, 2023

The White House made clear Friday that the amount of money the US has available for Ukraine military aid is quickly running out as House Speaker Mike Johnson and the Senate remain at odds over the Biden administration’s multi-billion dollar request for more funding.

A $425 million security package announced on Friday pushed the US to the limit on the money available to Kiev.

“We are beginning to provide Ukraine with smaller [Presidential Drawdown Authority] packages in order to stretch out our ability to support Ukraine for as long as possible,” White House Press Secretary Karine Jean-Pierre told reporters aboard Air Force One on Friday.

Last month, President Joe Biden requested more than $100 billion for national security, including $61.4 billion for Ukraine and $14.3 billion for Israel, urging Congress to pass the supplemental bill as a “comprehensive, bipartisan agreement.”

The administration’s request includes $61.4 billion in aid for Ukraine and $14.3 billion in aid for Israel, $9.15 billion in funding humanitarian aid, $7.4 billion in funding for Taiwan and the Indo-Pacific region and $13.6 billion to address security at the US-Mexico border.

 https://www.cnn.com/2023/11/03/politics/...index.html

[Tee tiong huat]

$425 million security package announced on Friday pushed the US to the limit on the money available to Kiev.

https://www.defense.gov/News/Releases/Re...r-ukraine/