A bill suggested in U.S. on confiscation of entire oil from Russian tankers

11:50 - 11.04.2025

April 11, Fineko/abc.az. U.S. senators have submitted to Congress a bill to confiscate the entire oil from sanctioned Russian tankers. The raw materials will be sold, and the proceeds will be used to repay the U.S. national debt.

ABC.AZ reports that to control sanctions, the authors of the bill propose to create Russian Sanctions Enforcement Fund at the U.S. Treasury with an initial $150 million in 2025.