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Senate companion to H.R. 7506. Imposes secondary sanctions on foreign entities that purchase Russian crude oil or petroleum products above the G7 price cap. Strengthens enforcement of existing oil price caps and closes loopholes exploited by Russia's shadow fleet.
Why This Bill Matters
The Senate companion to H.R. 7506, this bill strengthens enforcement of the G7 oil price cap and closes shadow fleet loopholes -- cutting off the revenue stream that directly funds Russia's missiles and drones targeting Ukrainian civilians.
Last Action: Referred to Senate Banking Committee
Chamber
Senate
Committee
Banking, Housing, and Urban Affairs
Cosponsors
6
Introduced
2025-12-12
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🇺🇦 300,000+ Ukrainians fled Putin's war & came here legally. Now they're in immigration limbo. The Ukrainian Adjustment Act (H.R. 3104) gives them a path forward. Call your rep: 202-224-3121 #UkrainianAdjustmentAct #HR3104 #StandWithUkraine