Prohibiting Certain Imports and New Investments With Respect to Continued Russian Federation Efforts To Undermine the Sovereignty and Territorial Integrity of Ukraine
Headline: Imports and New United States Investments in Russian Energy Banned
What it does: Agencies must block imports of listed Russian energy products and prohibit new United States investments and related facilitating transactions.
- Stops imports of Russian crude oil, petroleum products, LNG, and coal into the United States.
- Prevents people and companies from the United States from making new investments in Russia's energy sector.
- Financial institutions cannot finance or guarantee foreign transactions prohibited for United States persons.
Summary
This order bans the import into the United States of Russian crude oil, petroleum and fuel products, liquefied natural gas, coal, and coal products, and prohibits new United States investments in the Russian energy sector. It also stops people and companies from the United States from approving, financing, or facilitating foreign transactions that would be banned if performed by a United States person.
The order expands a declared national emergency related to Russia's war against Ukraine and directs the Department of the Treasury and all agencies to issue rules and enforce these prohibitions.
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