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STOP PUTIN Act: Monitoring Russian Energy Entities

This act aims to regularly review major Russian energy companies like Rosneft and Gazprom to determine if they should be placed on a restricted list. This means the U.S. government will closely monitor these companies, potentially impacting their international operations and indirectly global energy markets. Removing a company from this list will require Congressional approval, increasing oversight.
Key points
Mandates quarterly reviews of major Russian energy entities (e.g., Rosneft, Lukoil, Gazprom) to assess their inclusion on a restricted list.
Requires an Act of Congress to remove any listed entity, increasing oversight on such decisions.
Aims to limit Russia's ability to fund its actions by impacting its key energy companies.
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Additional Information
Print number: 117_S_3882
Sponsor: Sen. Scott, Rick [R-FL]
Process start date: 2022-03-17