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US Senate legislation passed banning the sale of the Strategic Petroleum Reserve to China


US Senate vote this week to block China from buying oil from the Strategic Petroleum Reserve, which is at a 40-year low following the Biden administration’s 180 million barrel withdrawal last year.

The law – an amendment to the National Defense Authorization Act that must pass – would prohibit sales of US oil to any company under the control of the Chinese Communist Party, or to Russia, Iran, North Korea or any country sanctioned by the US.

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