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Prohibiting Russian Oil Imports and Sanctioning Corruption

This act aims to ban the import of crude oil and petroleum products from Russia into the United States. It also imposes sanctions on individuals and entities involved in such imports if they are linked to corruption or serious human rights abuses. The goal is to weaken the Russian government's funding and promote alternative energy sources.
Key points
Prohibition of crude oil and petroleum product imports from Russia, potentially impacting US fuel prices.
Imposition of sanctions on individuals and entities linked to Russian oil imports who have engaged in corruption or human rights abuses.
Requirement for reports on connections between Russian energy entities, human rights violations, and corruption.
Promotion of domestic, carbon-free energy sources as alternatives to fossil fuel imports.
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Additional Information
Print number: 117_S_3754
Sponsor: Sen. Markey, Edward J. [D-MA]
Process start date: 2022-03-03