Decreasing Russian Oil Profits Act of 2026

HR 7506, the "Decreasing Russian Oil Profits Act of 2026," imposes sanctions on foreign companies and individuals involved in purchasing or facilitating the trade of Russian crude oil or petroleum products. It requires the U.S. President to block financial transactions involving such entities after a 90-day delay, targeting those responsible for Russian oil imports or related financial activities. The bill includes limited exceptions for countries that reduce Russian oil purchases (with funds used for agriculture/medicine), countries supporting Ukraine via dedicated accounts, or nations providing significant military/economic aid to Ukraine. Sanctions expire automatically five years after enactment.