Moskowitz, Lawler Bill to Further Sanction Iran for Using Illegal Oil Sales to Fund Hamas Will Be Voted on November 1st by the House of Representatives
WASHINGTON, DC – Today, Congressman Jared Moskowitz (D-Florida) and Congressman Mike Lawler (R-New York) issued the following statement after it was announced that their bill, the Stop Harboring Iranian Petroleum (SHIP) Act, will be voted on by the House of Representatives on November 1, 2023.
“Iran is the primary destabilizing force in the Middle East. We must cut off Iranian funding sources, and that means putting pressure on the foreign ports and refineries that handle Iranian petroleum. We are encouraged by the bipartisan support here on Capitol Hill to hold America’s foreign adversaries accountable for financing and facilitating terror and are optimistic that the SHIP Act will be passed by the House this week,” Moskowitz and Lawler said.
The SHIP Act was introduced in May and has received renewed attention following the terrorist attack in Israel by Iranian-backed Hamas. It passed the House Foreign Affairs Committee earlier this month on a 40-7 vote and currently has 230 bipartisan co-sponsors, including 146 Republicans and 84 Democrats.
Key Background Information on the SHIP Act:
- Imposes sanctions on foreign ports and refineries that process petroleum exported from Iran in violation of U.S. sanctions.
- Extends primary and secondary U.S. sanctions to foreign ports that knowingly accept shipments of Iranian petroleum products.
- Extends primary and secondary U.S. sanctions to refineries that knowingly process petroleum originating from Iran.
- Extends primary and secondary U.S. sanctions to any entity that transports, offloads, or otherwise deals in petroleum originating in Iran, including vessels engaging in ship-to-ship transfers of petroleum. These sanctions include asset freezes and visa bans.