S. 3513: Decreasing russian Oil Profits Act of 2025
Buyers worldwide keep paying russia for oil that funds its war. This bill, the Senate companion to H.R. 7506, would require the President, 90 days after enactment, to freeze the U.S. assets of foreign buyers and importers of russian oil, anyone who knowingly handles their payments, and their CEOs and board members. The President could allow up to two kinds of exceptions, such as per-barrel payments into a fund for Ukraine. None would cover shipping, insuring or financing oil sold above the price cap, even by non-G7 firms.
Why it matters
The Senate companion to H.R. 7506, with the same operative text. Starting 90 days after enactment, the President would have to freeze the U.S. assets of foreign buyers and importers of russian oil, anyone who knowingly handles their payments, and their CEOs and board members. That goes beyond the sanctions law signed in September 2026, which uses tariffs on goods from the largest buyer countries.
- Status
- In Committee
- Chamber
- Senate
- Committee
- Banking, Housing, and Urban Affairs
- Sponsor
- Sen. David McCormick (R-PA)
- Cosponsors
- 5
- Introduced
- 2025-12-16
Official text on Congress.gov
Українською
UAPortal