Decreasing Russian Oil Profits Act of 2026 imposes sanctions on foreign persons dealing in Russian crude oil and petroleum products.

Decreasing Russian Oil Profits Act of 2026 imposes sanctions on foreign persons dealing in Russian crude oil and petroleum products. The President may apply exceptions to these sanctions under certain conditions, such as if a country isolates Russian funds and reduces purchases of Russian crude oil and petroleum products. The President may also apply exceptions if a country provides significant economic or military support to Ukraine. The act includes provisions for the use of funds, timely disbursement, and limitations on transfers and expenditures of funds.

Decreasing Russian Oil Profits Act of 2026 imposes sanctions on foreign persons dealing in Russian crude oil and petroleum products.

Decreasing Russian Oil Profits Act of 2026 imposes sanctions on foreign persons dealing in Russian crude oil and petroleum products. The President may apply exceptions to these sanctions under certain conditions, such as if a country isolates Russian funds and reduces purchases of Russian crude oil and petroleum products. The President may also apply exceptions if a country provides significant economic or military support to Ukraine. The act includes provisions for the use of funds, timely disbursement, and limitations on transfers and expenditures of funds.