No Aid for Russian Energy Act

Medical, Agricultural, and Environmental Protections: The bill includes an exception for petroleum equipment and services directly related to isotopes used for medical, agricultural, or environmental purposes, such as Carbon-13 (Section 2(c)). This ensures that essential scientific and health-related materials are not caught in the prohibition.

Humanitarian Assistance Safeguards: Sanctions may not be imposed on transactions relating to the sale of food, medicine, or medical devices, or the provision of humanitarian assistance (Section 3(c)(2)). This protects the ability of people to receive necessary life-sustaining goods and services.

International Obligation Compliance: The bill allows for the admission of individuals if it is necessary to comply with international obligations, such as those regarding the United Nations Headquarters (Section 3(c)(1)).

Sanctions on Foreign Persons: The President is directed to impose sanctions on foreign persons who engage in the supply of petroleum equipment or services to the Russian Federation (Section 3(a)).

Asset Blocking: Under the bill, the President may block all transactions involving property and interests in property of a foreign person if that property is in the United States or controlled by a United States person (Section 3(b)(1)).

Visa and Entry Restrictions: Foreign persons, or corporate officers and principal shareholders of such persons, may be deemed inadmissible to the United States and ineligible for visas (Section 3(b)(2)(A)).

Visa Revocation: The bill mandates the immediate revocation of any current visas or entry documentation held by individuals described in the prohibition (Section 3(b)(2)(B)).

Impact on U.S. Owned Foreign Entities: Entities owned or controlled by a United States person that are established outside the United States are prohibited from engaging in certain transactions (Section 2(b)).