Banning SPR Oil Exports to Foreign Adversaries Act prohibits oil exports from the Strategic Petroleum Reserve to China, North Korea, Russia, Iran.
The Banning SPR Oil Exports to Foreign Adversaries Act amends the Energy Policy and Conservation Act to prohibit the export or sale of petroleum products from the Strategic Petroleum Reserve to the People's Republic of China, the Democratic People's Republic of Korea, the Russian Federation, the Islamic Republic of Iran, and any entity under their ownership or control, or the Chinese Communist Party. The Secretary of Energy must issue a rule within 60 days of enactment to enforce this prohibition.
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- Legal Framework
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