Leaders in the US Congress have announced a new measure in financial legislation that prohibits China from buying oil from the Strategic Petroleum Reserve, according to Reuters. In Congress, this idea is supported by both Democrats and Republicans. Lawmakers have introduced dozens of bills aimed at countering competition from China. The issue of SPR sales to China heated up after President Joe Biden, a Democrat, announced in 2022 a sale of 180 million barrels of SPR oil to tame gasoline prices that spiked after Russia invaded Ukraine. That year the SPR sold 1 million barrels to UNIPEC America,…