Fox News adds:
Such targeted sanctions include cutting Russia’s access to vital technologies that would allow it to continue developing its energy capabilities as well as cutting off the Nord Stream 2 pipeline to stagnate and limit Russia’s growth as an exporter.
But these sanctions will take time to have full impact despite the Biden administration touting the still-tumbling ruble (RUR) as evidence of near-term impact.
Some lawmakers have pushed for more immediate action, such as Sen. Roger Marshall, R-Kan., who introduced legislation Tuesday that would see the White House ban all Russian oil imports into the U.S.
The bill – which would specifically block the importation of petroleum and petroleum products from Russia – has been backed by Energy Committee GOP Leader Sen. John Barrasso along with at least seven other Republicans in the upper chamber.