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Bipartisan Effort Seeks to Cancel Licenses Allowing Russian Diesel Purchases
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News Analysis IndiaReporter
October 17, 2026
05:51 AM
Support for the legislation spans both Democrats and Republicans, with co‑sponsors including Rep. Don Bacon and a slate of progressive members such as Ami Bera, Jim Costa, and Stephanie Horne. The bill would also bar the U.S. International Development Finance Corporation from investing in Russian energy projects and direct the administration to consider additional sanctions on the sector. Proponents say the move is necessary to prevent President Vladimir Putin’s government from receiving extra revenue that could fund its war effort.
