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Ban on Exporting Oil and Fuels to China

A new law prohibits the export of crude oil, refined fuels, and other petroleum products from the United States to the People's Republic of China. This change could impact the energy market and fuel prices, although the direct effect on citizens' daily lives is difficult to predict.
Key points
The law bans the export of crude oil and most petroleum products from the US to China.
Natural gas and natural gas liquid products are not included in the ban.
The prohibition takes effect 10 days after the law is enacted.
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Additional Information
Print number: 117_S_4407
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2022-06-15