This bill prohibits the U.S. Department of Energy from exporting or selling oil drawn from the Strategic Petroleum Reserve to China, North Korea, Russia, Iran, and any entities owned or controlled by these countries or the Chinese Communist Party. The measure includes a national security waiver that allows the Secretary of Energy to authorize exports if they determine it serves U.S. national interests. The Secretary must issue regulations implementing this prohibition within 60 days of the bill's enactment. The legislation, introduced in February 2025 with bipartisan support, aims to prevent strategic U.S. energy reserves from benefiting potential foreign adversaries while preserving flexibility for the government to act in emergencies.
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