The gist

This bill forces the President to sanction any foreign company or executive worldwide that deals in Russian oil, aiming to choke off funding for Russia's war in Ukraine.

Who wins, who loses

• Wins: Ukraine's government and military, U.S. oil producers, sanctioned-company competitors.
• Loses: Foreign oil traders, shippers, insurers; major Russian oil buyers like India and China; Russian energy revenue.

What it does

• Sanctions kick in 90 days after enactment using International Emergency Economic Powers Act authority to freeze U.S.-linked property.
• Hits not just companies but their CEOs and board members personally.
• Lets the President use up to 2 of 4 exceptions: locked-fund accounts, Ukraine per-barrel payments, Ukraine-supporting countries, or 270-day port carve-outs.
• Voids all exceptions if oil sold above Treasury's price cap; sunsets after 5 years.

Why should I care?

Supporters say cutting Russia's oil cash is the fastest way to end the Ukraine war and the global U.S. dollar reach makes this sanction powerful. Critics argue squeezing global oil supply raises gas and grocery prices for American families and risks pushing buyers like China and India further from U.S. influence. Where do you land? Vote below and use "Tell Your Rep" to make sure your voice reaches Congress.