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Decreasing Russian Oil Profits Act of 2026

This law imposes sanctions on foreign entities trading Russian oil to cut off funding for Russian aggression. It aims to redirect oil profits toward Ukraine's defense and humanitarian needs while allowing exceptions for essential goods.
Key points
Freezing US assets and prohibiting transactions for foreign persons involved in the Russian oil trade.
Exceptions for countries that deposit payments into a dedicated support account for Ukraine.
Sanction waivers for transactions involving food, medicine, and medical devices.
Strict enforcement of international price caps on Russian crude oil and petroleum products.
Special considerations for nations providing significant military or economic aid to Ukraine.
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Status: Introduced
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Additional Information
Print number: 119_HR_7506
Sponsor: Rep. McCaul, Michael T. [R-TX-10]
Process start date: 2026-02-11
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Decreasing Russian Oil Profits Act of 2026

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_7506.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2026-02-11.

What are the main provisions?

Key points include:

  • Freezing US assets and prohibiting transactions for foreign persons involved in the Russian oil trade.
  • Exceptions for countries that deposit payments into a dedicated support account for Ukraine.
  • Sanction waivers for transactions involving food, medicine, and medical devices.
  • Strict enforcement of international price caps on Russian crude oil and petroleum products.
  • Special considerations for nations providing significant military or economic aid to Ukraine.
What is the specific legal status?

The current status is Introduced.

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 Rep. McCaul, Michael T. [R-TX-10].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Foreign Affairs.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-02-23.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Economy Security