International efforts to enforce price cap on oil exports from the Russian Federation
Title I — Sanctions with respect to the Russian Federation › Subtitle A — Sanctions with respect to Russian shadow fleet › Part IV — Denying access to United States markets for Russian-origin oil
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The Secretary of State, in coordination with the Secretary of the Treasury, shall— (1) fully monitor international compliance with the crude oil price cap within the jurisdiction of the United States; (2) engage, advise, and assist foreign governments in joining and implementing efforts to enforce the crude oil price cap; (3) engage with the governments of countries that import or facilitate the transport of crude oil of Russian Federation origin or refined petroleum products made from such oil to identify entities evading the crude oil price cap and deploy resources aimed at enforcement and compliance; and (4) consider which countries play a significant role in exporting such oil or petroleum products or in evading sanctions when selecting locations to assign Treasury Financial Attachés under section 316 of title 31, United States Code.
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