End Russian Oil Windfalls Act nullifies specific Russian oil licenses and imposes sanctions on Russian oil and gas activities.
The End Russian Oil Windfalls Act nullifies Russia-related General Licenses 133 and 134A, which authorized the delivery and sale of Russian crude oil and petroleum products to India. It imposes sanctions on Russian persons involved in oil and gas extraction, refinement, and maritime transportation. Exceptions include humanitarian assistance and compliance with international obligations. The Act also mandates reports on Russian energy companies' involvement in abducting Ukrainian civilians and the impact of the nullified licenses.
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