"U.S. House Passes Bill Banning Exports Of Reserve Oil To China"

"WASHINGTON - The U.S. House of Representatives overwhelmingly passed a bill on Thursday to ban releases of oil from the U.S. Strategic Petroleum Reserve from being exported to China, though the measure faces an uncertain future in the Senate.

The bill passed 331-97 in the House, which Republicans took narrow control of this month. All of the "no" votes came from Democrats.

The issue of U.S. oil exports to China became a rallying call for Republicans last year when President Joe Biden, a Democrat, announced the sale of 180 million barrels from the SPR to tame oil prices that rose due to Russia's war on Ukraine."

Timothy Gardner reports for Reuters January 12, 2023.