WASHINGTON — Legislation that would allow the U.S. to sue OPEC nations is being considered as a possible response to the oil cartel’s production cut this week that benefited Russian President Vladimir Putin, said Senate Majority Leader Chuck Schumer on Thursday.
“What Saudi Arabia did to help Putin continue to wage his despicable, vicious war against Ukraine will long be remembered by Americans,” Schumer said in a statement. “We are looking at all the legislative tools to best deal with this appalling and deeply cynical action” including the bill known as NOPEC.
A person familiar with the matter told Bloomberg News that there are no plans to bring the measure to the floor, although that could change. The White House, which has left open the possibility of backing the bill, didn’t respond Thursday to a request for comment.
