Commodities and Futures News
Republican U.S. senator seeks to put bill pressuring OPEC+ onto defense bill
2022.10.06 18:14
© Reuters. FILE PHOTO: U.S. Senator Chuck Grassley (R-IA) looks on during a U.S. Senate Judiciary Committee hearing on Capitol Hill in Washington, U.S., September 7, 2022. REUTERS/Elizabeth Frantz/File Photo
WASHINGTON (Reuters) – Republican U.S. Senator Chuck Grassley said on Thursday he will try to add his bill pressuring OPEC+ to an annual defense policy bill after the group this week announced an oil production cut.
Grassley’s measure, called NOPEC, easily passed a Senate committee this year with support from Democratic senators.