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Sanctions for China's financing of Russia's war in Ukraine.

This act introduces new sanctions against entities that facilitate the shipment of petroleum or liquefied natural gas from Russia to China. The goal is to limit the financing of Russia's war in Ukraine. Sanctions will be lifted once Russia withdraws its forces from Ukraine.
Key points
New sanctions target companies insuring or registering vessels transporting oil or gas from Russia to China.
The sanctions aim to weaken Russia's ability to finance its war efforts.
These provisions may impact global energy supply chains, though the direct impact on US citizens is indirect.
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Additional Information
Print number: 117_S_4620
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2022-07-26
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Countering Communist China’s Financing of Russia’s War on Ukraine Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_4620.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-07-26.

What are the main provisions?

Key points include:

  • New sanctions target companies insuring or registering vessels transporting oil or gas from Russia to China.
  • The sanctions aim to weaken Russia's ability to finance its war efforts.
  • These provisions may impact global energy supply chains, though the direct impact on US citizens is indirect.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Rubio, Marco [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Security