New Defense Bill Blocks SPR Oil Sales To China ...Middle East

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New Defense Bill Blocks SPR Oil Sales To China
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The United States’ Senate has passed an amendment to the annual defense bill that will prohibit China from purchasing oil from the United States’ emergency stockpiles. Voting overwhelmingly in favor of the bill, 85 to 14, the amendment will now be added to the National Defense Authorization Act (NDAA), which is poised to be passed later this year.  Co-sponsored by Democratic Senator Joe Manchin and his Republican counterpart Ted Cruz, the amendment aims to restrict sales of U.S. oil from the Strategic Petroleum Reserve (SPR)…

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