WASHINGTON, March 27 -- Sen. Adam Schiff issued the following press release:
Today, U.S. Senators Adam Schiff and Alex Padilla (both D-Calif.) joined Senators Tim Kaine (D-Va.) and Ruben Gallego (D-Ariz.) in pressing (https://www.schiff.senate.gov/wp-content/uploads/2026/03/letter_to_potus_on_russia_and_iran_sanctions_relief.pdf) the Trump administration about its decision to ease sanctions on Russian and Iranian oil exports and its lack of planning regarding the economic fallout of President Donald Trump's war of choice against Iran.
Since the war began, the price of U.S. crude oil has risen by more than 40 percent, and the average price of gasoline has risen by more than a dollar per gallon as a result of the closure of the Strait of Ho...