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Updated · Bloomberg · Jul 13Sen. Alan Armstrong Backs Russia Sanctions Bill, Citing US Support for Ukraine
3 articles · Updated · Bloomberg · Jul 13Summary
- Alan Armstrong, a Republican senator from Oklahoma, said he would support the Russia sanctions bill championed by the late Sen. Lindsey Graham.
- Armstrong framed the measure as serving US interests by ensuring Ukraine is not left unsupported in its war with Russia.
- On the same interview, Armstrong also discussed renewed US strikes against Iran and their impact on energy markets.
- The former Williams CEO said wind and solar should remain part of the US energy mix, provided they can compete without subsidies.
Insights
With AI's immense power needs, can America's energy strategy succeed without subsidies for renewables? Are U.S. sanctions on Russia and Iran inadvertently fueling China's rise as a global green-tech superpower? As sanctions target Russia's oil trade, could the resulting price shocks create more global instability than they solve?