Ending Importation of Laundered Russian Oil Act

Key Points

• This bill would ban imports of any energy products made at refineries that use Russian crude oil, even if those refineries are located outside Russia. This closes a loophole where Russian oil is refined in other countries and then sold to the U.S. under a different label.
• The bill amends the existing Ending Importation of Russian Oil Act, which already banned direct Russian energy imports. This new section extends that ban to cover energy products from any refinery worldwide that processes Russian crude.
• The bill has bipartisan support, introduced by both Democratic and Republican members of Congress, and has been referred to the Ways and Means Committee and the Rules Committee.
• If enacted, this could reduce the supply of imported fuel available to U.S. buyers. Many large refineries in countries like India and Turkey process significant amounts of Russian crude, so banning their products could tighten supply and potentially raise energy prices for American consumers.