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S.Res. 488IntroducedSenate · nowIn committee
Section · S.Res. 488

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That the Senate— (1) welcomes the European Union’s commitment and actions— (A) to end its dependence on Russian fossil fuels; and (B) to deny Vladimir Putin a critical source of revenue to continue funding Russia's war campaign in Ukraine; (2) welcomes the Trump Administration’s recent decision to sanction Rosneft and Lukoil and calls on United States allies and partners to terminate all contracts associated with both companies to avoid potential exposure to secondary sanctions; (3) encourages continued coordinated action among the United States and the Group of Seven countries, in addition to concerted action with the European Union and the United Kingdom to apply additional sanctions on Russian energy sources; (4) expresses concern that Hungary has shown no sign of reducing its dependence on Russian fossil fuels; (5) calls on Hungary and remaining consumers of Russian energy to fully adhere to the timeline agreed to in the REPowerEU initiative; and (6) underscores continued bipartisan opposition to the Nord Stream I and II pipeline projects and any effort to revive them, regardless of the home country of individuals or entities involved.

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