This bill seeks to prohibit United States persons and their foreign subsidiaries from providing petroleum equipment and services to the Russian Federation's energy sector. This comprehensive ban covers direct or indirect exports, reexports, sales, or supplies originating from the U.S. or conducted by U.S. persons globally. The legislation broadly defines "petroleum equipment and services" to include exploration and production equipment, software, data access, licensing, engineering, consulting, and technology transfer. A central provision mandates the President to impose sanctions on any foreign person who directly or indirectly supplies such equipment and services to Russia. These sanctions include the blocking of assets within U.S. jurisdiction and the denial or revocation of visas for involved individuals, including corporate officers. The President is authorized to use International Emergency Economic Powers Act (IEEPA) authorities for implementation and penalties. However, the legislation includes specific exceptions. The prohibitions do not apply to petroleum equipment and services directly related to isotopes derived from petroleum manufacturing used for medical, agricultural, or environmental purposes . Additionally, sanctions may not be imposed for transactions related to humanitarian assistance , such as the sale of agricultural commodities, food, medicine, or medical devices, or for fulfilling international obligations. The President may also waive sanctions for up to 180 days if vital to U.S. national security, with congressional notification.