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Members of the U.S. Congress have introduced a bill aimed at stopping the export deal of Russian diesel fuel to the United States and global markets. The bill includes canceling licenses granted by the U.S. Treasury Department that exempt Russian diesel supplies from sanctions until April 2027, as well as prohibiting the issuance of new licenses for three years and restricting American Development Finance Corporation from participating in agreements with Russian energy sources. This move comes amid coordination between Washington and Moscow, as Russian President Vladimir Putin announced Russia’s readiness to supply large quantities of diesel to global markets—equivalent to one million tons per month—with plans to increase this amount to three million tons monthly. The bill has received support from 17 members of Congress and aims to strengthen sanctions on Russia, as the Biden administration moves to tighten restrictions on Russian energy sources.
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