New bipartisan bill aims to choke Russian oil profits
U.S. Senate (Photo: REUTERS/Ken Cedeno)
A bipartisan group of U.S. senators has introduced the Decreasing Russia Oil Profits (DROP) Act of 2025,requiring targeted sanctions on individuals and entities involved in purchasing or facilitating the import of Russian oil and petroleum products, Ukraine’s Ambassador to the United States Olha Stefanishyna reported on Facebook on Dec. 17.
The DROP Act addresses a critical shortcoming in U.S. sanctions against individuals and companies worldwide who import and transport Russian oil, which remains the primary source of revenue funding the Kremlin’s war spending.
The bill would provide for limited exceptions that promote U.S. and Ukrainian interests, such as exceptions for countries that isolate Russian oil proceeds or for importers who pay a per-barrel fee into an account to help Ukraine defend itself.
“Putin will only stop when we stop him. He is using profits from Russian oil to fund a horrific war against Ukraine which has seen Russia torture and kill civilians, kidnap children, and threaten democracy. said Chris Coons (D-Del.), adding that the bill will “cut off Putin’s lifelines by targeting the true buyers of Russian oil, bringing us closer to a fair and just peace.”
If adopted, it would require U.S. President Donald Trump to impose sanctions within 90 days. The list of sanctioned individuals would be compiled by the Treasury Department in consultation with the State Department.
“This bill sends a clear message to the world that there will be consequences for continuing to buy Russian oil. Congress will also no longer tolerate the hypocrisy of nations that condemn Vladimir Putin’s actions on the world stage while funding his war machine through shady oil purchases,” said Jon Husted (R-Ohio).
In October, the Trump administration sanctioned two major Russian oil companies, Lukoil and Rosneft, however Moscow has already started circumventing those designations by redirecting and relabeling its oil exports to obscure links to those particular companies.
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