Decreasing Russian Oil Profits Act of 2025
Sponsored By: Senator McCormick, David [R-PA]
Introduced
Summary
Targets foreign buyers and facilitators of Russian oil by authorizing U.S. blocking sanctions on foreign persons who purchase, import, finance, facilitate, or lead entities dealing in crude oil or petroleum products of Russian origin. The bill would let the Treasury, with the State Department, designate people under criteria for those activities and block their U.S.-connected property under the International Emergency Economic Powers Act.
Show full summary
- Countries that place funds owed to Russia into a domestic account and significantly reduce Russian oil purchases can get a limited exception. The account must be used only to buy agricultural commodities, food, medicine, or medical devices and the President must renew the exception every 180 days.
- Companies, maritime operators, insurers, brokers, financiers, and their executives who enable Russian-origin oil sales could be designated and have assets blocked. Exceptions do not apply to activities that enable purchases priced above the Treasury-set price cap, regardless of where the entity is located.
- Payments per barrel deposited for Ukraine can be allowed if deposits meet transparency, frequent disbursement, and congressional notice rules. The President may also exempt countries that provide substantial support to Ukraine and may grant temporary port-specific exceptions for up to 270 days after enactment.
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 0 benefits, 1 costs, 1 mixed.
New U.S. blocking sanctions on buyers
If enacted, this bill would let the President impose blocking sanctions starting 90 days after enactment. The Treasury Secretary, with the Secretary of State, would designate foreign persons who buy, import, finance, or otherwise facilitate Russian-origin crude oil or petroleum products. Designated persons' property in the United States, property entering the United States, or property controlled by a U.S. person would be frozen and barred from transactions. The authority would expire five years after enactment. The bill would also define who counts as a "foreign person", a "United States person", and what "knowingly" means.
Narrow exceptions and Ukraine payment rules
If enacted, this bill would create several narrow exceptions to the sanctions under strict conditions and oversight. One exception would let countries credit funds owed to Russia into an account used only for agricultural commodities, food, medicine, or medical devices, with a 180‑day recertification requirement and sanctions for misuse. Another exception would require per‑barrel payments to be deposited into an account for Ukraine, with funds disbursed at least every 90 days, 15‑day congressional notice before transfers, and a joint resolution process that can block transfers. The President could also renew exceptions every 180 days for countries providing significant support to Ukraine and grant temporary port-specific exceptions only through 270 days after enactment. No exception would cover activity that facilitates shipments sold above a Treasury-set price cap. The exception authorities would sunset with the sanctions authority five years after enactment.
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
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov