HiveComb

In the legislation, So including a national security exemption, in US congressional parlance, is essentially allowing the executive branch to implement the legislation as they see fit to the US Treasury Department can decide who gets what penalty and what time. The initial legislation didn't have that in it, which of course put a lot of pressure on the president and.

And also would entail putting a lot of pressure on the global oil markets at a time when we can hardly afford it. Yeah, that was gonna be next question. If these penalties were all put in place and sat in place for some time, what might be the economic consequences of those? Well, you're gonna drive up the world oil price pretty high.

And the West has tried to do the opposite on Russian oil, which is to push it down and force countries to pay a very low price for the barrel. That was a mechanism to actually keep Russian oil on the market, but at a lower price so as not to disrupt the global oil market.

This is sort of almost taking our own policies and flipping them on the head.My impression is that the executive branch would look very closely to see who they're going to hit first to pull the rug out from under Russia a little bit. Or maybe we can just dangle it as a hook and Russia will see the threat coming down the line and be willing to come to the table.