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U.S. Senate panel passes bill to pressure OPEC oil cartel

Friday, 06 May 2022 | 12:00

The U.S. Senate Judiciary Committee passed a bill on Thursday known as “NOPEC” that could open OPEC oil producers to U.S. lawsuits over price collusion.

The bill, which passed the committee by a tally of 17 to 4, would have to pass the full Senate and House and be signed by President Joe Biden to become law.
Source: Reuters (Reporting by Timothy Gardner)

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