I 
119TH CONGRESS 
2D SESSION 
H. R. 7506 
To impose sanctions with respect to foreign persons dealing in crude oil 
or petroleum products of Russian Federation origin. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 11, 2026 
Mr. MCCAUL (for himself, Mr. KEATING, Mr. LAWLER, Ms. KAPTUR, Mr. 
QUIGLEY, and Mr. GOTTHEIMER) introduced the following bill; which was 
referred to the Committee on Foreign Affairs 
A BILL 
To impose sanctions with respect to foreign persons dealing 
in crude oil or petroleum products of Russian Federation 
origin. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Decreasing Russian 
Oil Profits Act of 2026’’. 
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SEC. 2. IMPOSITION OF SANCTIONS WITH RESPECT TO 
TRADE 
IN 
RUSSIAN 
ORIGIN 
PETROLEUM 
PRODUCTS. 
(a) IN GENERAL.—Beginning on the date that is 90 
days after the date of the enactment of this Act, the Presi-
dent shall impose the sanctions described in subsection (b) 
with respect to any foreign person that the Secretary of 
the Treasury, in consultation with the Secretary of State, 
determines— 
(1) is responsible for or complicit in, or has di-
rectly or indirectly engaged or attempted to engage 
in, the purchase or importation into any country of 
crude oil or petroleum products of Russian Federa-
tion origin; 
(2) has knowingly facilitated financial trans-
actions related to an activity described in paragraph 
(1); 
(3) has materially assisted, sponsored, or pro-
vided material support for any activity described in 
paragraph (1) or (2) by any person with respect to 
which sanctions have been imposed under paragraph 
(1) or (2); or 
(4) is or has been a chief executive officer or 
member of the board of directors of any entity de-
scribed in any of paragraphs (1) through (3). 
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(b) SANCTIONS
DESCRIBED.—The sanctions de-
scribed in this subsection are the exercise all of the powers 
granted to the President by the International Emergency 
Economic Powers Act (50 U.S.C. 1701 et seq.) to the ex-
tent necessary to block and prohibit all transactions in 
property and interests in property of a foreign person if 
such property and interests in property are in the United 
States, come within the United States, or are or come 
within the possession or control of a United States person. 
(c) PERMISSIBLE EXCEPTION FRAMEWORKS.— 
(1) IN
GENERAL.—The President may apply 
not more than 2 of the types of exceptions described 
in paragraph (2) with respect to the application of 
sanctions under subsection (a). 
(2) EXCEPTIONS DESCRIBED.— 
(A) EXCEPTION
FOR
COUNTRIES
THAT 
ISOLATE
RUSSIAN
FUNDS
AND
REDUCE
PUR-
CHASES.— 
(i) IN GENERAL.—The President may 
apply an exception to the application of 
sanctions under subsection (a) with respect 
to the purchase or importation into a coun-
try of crude oil or petroleum products of 
Russian Federation origin if the President 
determines and certifies in writing to the 
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appropriate 
congressional 
committees 
that— 
(I) any funds owed by the gov-
ernment of that country or persons of 
that country to the Russian Federa-
tion or to the sellers of crude oil or 
petroleum products of Russian Fed-
eration origin as a result of the pur-
chase or importation will be— 
(aa) credited to an account 
located in that country; and 
(bb) used only to facilitate 
transactions in agricultural com-
modities, food, medicine, or med-
ical devices between the Russian 
Federation and the country; and 
(II) the government of the coun-
try has committed to significantly re-
duce its purchases of crude oil and pe-
troleum products of Russian Federa-
tion origin. 
(ii) RENEWAL
REQUIRED.—The au-
thority to apply the exception under clause 
(i) shall expire if the President does not 
certify, not later than 180 days after the 
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date of the enactment of this Act, and 
every 180 days thereafter, that— 
(I) the country has significantly 
reduced its volume of purchases of 
crude oil and petroleum products of 
Russian Federation origin during the 
preceding 180-day period; or 
(II) the price and supply of crude 
oil and petroleum products produced 
in countries other than the Russian 
Federation is not sufficient to permit 
purchasers of crude oil and petroleum 
products of Russian Federation origin 
to reduce significantly in volume their 
purchases from the Russian Federa-
tion. 
(iii) SANCTIONS FOR MISUSE OF AC-
COUNT.—Any foreign person responsible 
for or complicit in, or that has directly or 
indirectly engaged or attempted to engage 
in, transactions reliant on the funds in an 
account described in clause (i)(I) for any 
purpose other than to facilitate trans-
actions in agricultural commodities, food, 
medicine, or medical devices between the 
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Russian Federation and the country in 
which the account is located shall be sub-
ject to the sanctions described in sub-
section (b). 
(B) EXCEPTION FOR DEPOSITS INTO AC-
COUNT TO SUPPORT UKRAINE.— 
(i) IN GENERAL.—The President may 
apply an exception to the application of 
sanctions under subsection (a) with respect 
to the purchase or importation into a coun-
try of crude oil or petroleum products of 
Russian Federation origin if a payment 
per barrel of such crude oil or petroleum 
products has been deposited into an ac-
count that the President has established 
for the benefit of Ukraine. 
(ii) GUIDANCE.—The President may 
issue guidance and develop implementation 
tools that assist private sector entities in 
verifying that the payments described in 
clause (i) corresponding to specific pur-
chases have been deposited in the account 
described in that clause. 
(iii) USE OF FUNDS.— 
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(I) IN GENERAL.—The funds in 
an account established as described in 
clause (i) shall be available only for— 
(aa) the purposes specified 
in section 104(f) of the Rebuild-
ing Economic Prosperity and Op-
portunity for Ukrainians Act (di-
vision F of Public Law 118–50; 
22 U.S.C. 9521 note); and 
(bb) funding the purchase 
by the Government of Ukraine of 
defense articles for Ukraine to 
employ in response to Russian 
Federation aggression. 
(II) TIMELY DISBURSEMENT.—A 
significant proportion of funds in an 
account established as described in 
clause (i) shall be disbursed not less 
frequently than every 90 days for the 
purposes described in subclause (I). 
(iv) LIMITATIONS ON TRANSFERS AND 
EXPENDITURES OF FUNDS.— 
(I) NOTIFICATION
OF
TRANS-
FERS.— 
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(aa) 
IN
GENERAL.—The 
Secretary of State shall notify 
the 
appropriate 
congressional 
committees not fewer than 15 
days 
before 
transferring 
any 
funds from an account estab-
lished as described in clause (i) 
to any other account for the pur-
poses described in clause (iii) or 
otherwise expending any of such 
funds for such purposes. 
(bb) ELEMENTS.—A notifi-
cation under item (aa) shall 
specify— 
(AA) the amount of 
funds to be transferred or 
expended; 
(BB) the specific pur-
pose for which the funds are 
transferred or expended; and 
(CC) the recipient of 
those funds. 
(II) CERTIFICATION
OF
TRANS-
PARENCY AND ACCOUNTABILITY.—No 
funds may be transferred or otherwise 
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expended from an account established 
as described in clause (i) unless the 
President submits to the appropriate 
congressional committees in writing a 
certification that a plan exists to en-
sure transparency and accountability 
for all funds transferred into and ex-
pended from any account receiving the 
funds. 
(III) JOINT RESOLUTION OF DIS-
APPROVAL.—No funds may be trans-
ferred or expended pursuant to this 
clause if, within 15 days of receipt of 
the notification under subclause (I), a 
joint resolution is enacted into law 
prohibiting such transfer. 
(C) EXCEPTION
FOR
COUNTRIES
SUP-
PORTING UKRAINE.— 
(i) IN GENERAL.—The President may 
apply an exception to the application of 
sanctions under subsection (a) with respect 
to the purchase or importation into any 
country of crude oil or petroleum products 
of Russian Federation origin if the Presi-
dent determines and certifies in writing to 
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