Terminate Russia-related general licenses for the sale of Russian oil.

The “End Russian Oil Windfalls Act” would: Terminate Russia-related General Licenses for the sale of Russian oil issued by the Department of the Treasury

Keating and Meeks introduced legislation to end Treasury licenses that allow Russian oil sales.

Meeks, Keating Introduce Bill to Terminate Russian Oil Licenses and Sanction Russian Oil Companies - Press Releases - House Foreign Affairs Committee
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The “End Russian Oil Windfalls Act” would: ... Prohibit the issuance of such licenses in the future

The bill would block future Treasury licenses for Russian oil sales.

Meeks, Keating Introduce Bill to Terminate Russian Oil Licenses and Sanction Russian Oil Companies - Press Releases - House Foreign Affairs Committee
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End Russian Oil Windfalls Act ... To nullify Russia-related General License 133, Authorizing the Delivery and Sale of Crude Oil and Petroleum Products of Russian Federation Origin Loaded on Vessels as of March 5, 2026 to India, and Russia-related General License 134A, Authorizing the Delivery and Sale of Crude Oil and Petroleum Products of Russian Federation Origin Loaded on Vessels as of March 12, 2026, and for other purposes.

Keating cosponsored a bill to nullify two Russia-related general licenses that authorize sales and delivery of Russian crude oil and petroleum products.

H.R. 8222 (IH) - End Russian Oil Windfalls Act - BILLS-119hr8222ih | Content Details | GovInfo
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This legislation is one step of what must be a broader campaign of additional sanctions against Russia and continued military support for Ukraine

Keating called for broader additional sanctions against Russia and ongoing military support for Ukraine.

Keating, Fitzpatrick Lead Bipartisan Ultimatum to Putin: Return Abducted Ukrainian Children or Face Terror Designation | Congressman Bill Keating
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AP reported that Treasury Secretary Scott Bessent said the U.S. would give a fresh 30-day extension allowing countries to import Russian oil already in tankers at sea, continuing the temporary sanction relief rather than ending it.

Within the lookback window, Treasury extended the Russia oil general license again, so the policy was still active instead of being terminated.

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Bessent grants a 30-day extension for Russian oil in tankers as Iran war squeezes supply
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AP reported that Bessent said the U.S. did not plan to renew the waiver for Russian oil and petroleum products at sea, but that position was later reversed by the Treasury renewal in May.

The administration publicly signaled an end to the waiver, then extended it anyway, showing the promise was not carried out.

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US won't renew Iranian and Russian oil waivers, Bessent says
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