House Bill Would Sanction Foreign Buyers of Russian Oil to Slash Kremlin Energy Profits
This bill is currently sitting in the House Committee on Foreign Affairs where it must be reviewed before it can move forward. No action has been taken on this proposal since February 10, 2026. Because there has been no progress for four months, the bill is considered stalled.
Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
By restricting global trade in Russian oil, this bill could tighten global oil supply and push energy prices higher, which would raise home heating costs for homeowners who rely on oil or natural gas. However, the bill's price cap mechanism is designed to limit price spikes, and the effect depends on how many countries continue buying Russian oil through the exceptions.
Referred to the House Committee on Foreign Affairs.
Introduced in House
The bill was officially filed and given a number. It now enters the legislative queue.
A bipartisan group of US lawmakers introduced the DROP Act of 2026, targeting the Kremlin's primary financial lifeline. The bill mandates sanctions on foreign entities involved in purchasing or facilitating Russian oil, aiming to close 'shadow fleet' loopholes and curb war funding.
Rep. Michael McCaul introduced the Decreasing Russian Oil Profits (DROP) Act, which would require targeted sanctions on foreign persons involved in the purchase or facilitation of Russian oil. It includes flexibility for countries that significantly reduce imports or provide aid to Ukraine.
The DROP Act aims to cut off the flow of petrodollars to Russia by imposing secondary sanctions on foreign companies. It features a unique mechanism where buyers can avoid sanctions by paying into a special account for Ukraine's defense and reconstruction instead of paying Moscow.
No votes recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Decreasing Russian Oil Profits Act of 2026
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