Banning SPR Oil Exports to Foreign Adversaries Act

This bill would change energy law to stop the U.S. from selling or exporting oil and other petroleum products from the Strategic Petroleum Reserve (SPR) to certain entities, especially those tied to foreign adversaries. The aim is to make sure America’s emergency oil supply does not end up helping hostile governments or companies they control.

Key points:

• Who is affected: Federal officials who manage SPR sales, and foreign-linked buyers considered tied to adversary nations.
• What changes: SPR oil and related products could not be exported or sold to these “certain entities,” limiting who can buy during drawdowns or sales.
• Why it matters: Helps protect national security by keeping emergency oil supplies out of the hands of foreign adversaries.