Sec. 5. Report on links between Russian energy entities, human rights violations, and corruption
297 words·~1 min read·
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Not later than 90 days after the date of the enactment of this Act, and annually thereafter, the Secretary of State, in coordination with the Secretary of Energy, the Secretary of the Treasury, the Secretary of Defense, the Secretary of Commerce, and the Director of National Intelligence, shall submit to the appropriate congressional committees a report— identifying which Russian, United States, and international entities are involved with the importation of crude oil and petroleum products from the Russian Federation into the United States; describing the relationship of those entities, and members of their executive boards, with Vladimir Putin and other Russian persons subject to sanctions imposed by the United States; identifying whether any individuals described in paragraph
(2)or entities described in paragraph
(1)have engaged in acts of corruption or are responsible for or complicit in, or have directly or indirectly engaged in, serious human rights abuses; identifying the ways in which revenue generated from the exportation of crude oil and petroleum products to the United States and to other countries has helped insulate the Russian economy since the United States and international community imposed sanctions in response to the Russian Federation’s illegal war of aggression against Ukraine; identifying alternative suppliers for the importation of crude oil and petroleum products, other than from the Russian Federation, that minimize risks to United States consumers; a comprehensive strategy to prioritize carbon-free energy sources and reduction of the demand for fossil energy as alternatives to crude oil and petroleum products imported from the Russian Federation; and assessing why United States entities are choosing to do business with entities described in paragraph
(1)and what advantages doing business with such entities presents. The report required by subsection
(a)shall be submitted in unclassified form but may include a classified annex.