House Passes Bill to Sanction Ports, Entities Dealing in Oil From Iran
The House on Nov. 3 passed a bill that could lead to new primary and secondary sanctions on foreign ports and refineries that process or accept petroleum exported from or originating in Iran. The Stop Harboring Iranian Petroleum Act, passed 342-69, could also lead to sanctions on any entity that “transports, offloads, or otherwise deals in petroleum originating in Iran, including vessels engaging in ship-to-ship transfers of petroleum,” according to a press release from Rep. Mike Lawler, R-N.Y., who introduced the bill alongside Rep. Jared Moskowitz, D-Fla.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
The two lawmakers said the bill “sends a clear and strong message to bad actors like China, Russia, and others -- do not help Iran avoid sanctions and assist them in their funding of terror, or face the consequences.” The legislation is a “message the Senate should be able to get behind,” they added. “We look forward to its passage through the Senate.”