PRIA Logo™
119-s-3513119th CongressWALLET

Decreasing Russian Oil Profits Act of 2025

Sponsored By: Senator McCormick, David [R-PA]

Introduced

Summary

This bill would create a sanctions regime to _cut profits from Russian oil by targeting foreign buyers and service providers_. It would authorize blocking targeted foreign persons' property and restrict transactions tied to Russian-origin crude and petroleum products, with narrow, conditional exceptions for certain buyers and a five-year sunset.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 1 costs, 1 mixed.

Sanctions on foreign Russian oil actors

If enacted, beginning 90 days after enactment, the President would use emergency economic powers to block property and prohibit transactions by foreign persons tied to buying, importing, financing, transporting, or facilitating Russian-origin crude oil and petroleum products. A 'United States person' would include U.S. citizens, lawful permanent residents, entities organized under U.S. law (including foreign branches), and anyone located in the United States. The blocking authority would cover assets in the United States, assets that come into the United States, or assets in the possession or control of a U.S. person. This sanctions section and any sanctions under it would end five years after enactment.

Exceptions for country buyers and ports

If enacted, the President could grant up to two types of limited exceptions to the sanctions for some countries. One exception would let a buying country place funds owed for Russian-origin oil into an in-country account used only for agricultural commodities, food, medicine, or medical devices if the country commits to significantly reduce purchases; that exception must be recertified every 180 days. Another exception would apply if the President certifies a country provides significant economic or military support to Ukraine; certifications renew every 180 days. No exception would apply to activities that facilitate maritime transport of oil purchased above a Treasury-set price cap, and temporary port-specific exceptions could be granted only during the 270-day window after enactment and must not cover ports that together accounted for more than half of Russia's 2024 export capacity.

Per-barrel payments to fund Ukraine

If enacted, the President could allow buyers to avoid sanctions by depositing a per-barrel payment into an account established for the benefit of Ukraine. Funds in the account would be available only for purposes listed in section 104(f) of the Rebuilding Act and for Ukraine to buy defense articles responding to Russian aggression. A significant share of the account money would have to be disbursed at least every 90 days. The Secretary of State must notify Congress at least 15 days before transfers, and Congress could block a transfer by passing a joint resolution within 15 days of notification.

Sponsors & CoSponsors

Sponsor

McCormick, David [R-PA]

PA • R

Cosponsors

  • Sen. Warren, Elizabeth [D-MA]

    MA • D

    Sponsored 12/16/2025

  • Sen. Husted, Jon [R-OH]

    OH • R

    Sponsored 12/16/2025

  • Sen. Coons, Christopher A. [D-DE]

    DE • D

    Sponsored 12/16/2025

  • Sen. Curtis, John R. [R-UT]

    UT • R

    Sponsored 3/2/2026

  • Sen. Bennet, Michael F. [D-CO]

    CO • D

    Sponsored 3/2/2026

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation